Forward-looking: Visa plans to allow AI agents to conduct financial transactions on behalf of consumers, a move that could streamline and automate everyday purchases. The company is currently running pilot programs that connect its payment network to AI platforms developed by firms such as Anthropic, Microsoft, OpenAI, Perplexity, and Mistral, with broader adoption expected soon.
Why it matters: As powerful as AI may be, many industries are still struggling to find clear-cut applications that make a measurable, demonstrable difference. Thankfully, that is not the case when it comes to chip design software. In fact, since their introduction just a few years ago, AI-powered features have become a mainstay of EDA (Electronic Design Automation) tools from companies such as Cadence and Synopsys.
WTF?! There's still a lot of pushback against generative AI from most of the public. Not only are there concerns about the technology taking jobs and plagiarising, but many worry about control being taken out of humans' hands. Google and other companies' solution, it seems, is to create AI agents that can take over your PC, moving the mouse cursor, browsing the web, and entering text.
A hot potato: In a rare story about a company that isn't Amazon pushing to replace its human workers with machines, Samsung is reportedly planning to make all its fabs fully automated within the next six years. The Korean giant has already begun development of a system that will lead to human-free facilities, according to a new report.