AI rally fades on Wall Street as a tiny IPO makes big waves
CNBC's pre-market briefing notes that the AI stock rally is fading while a small IPO draws attention.
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Firms most committed to AI hire up to 25% fewer young people on permanent contracts
A study by economists from HEC Paris, the Banque de France and INSEAD found that about 600 French firms reporting heavy AI use hired 17% to 25% fewer 21-to-29-year-olds on permanent contracts in 2025 than peers in their sector. The researchers saw no clear difference in total headcount.
'With agentic commerce, we may be heading for a zero-click era'
Ahead of the Mastercard Innovation Forum on 5 November, Lemrock co-founder and CEO Roxane Laigle discusses the challenges of agentic commerce and what it means for online retailers.
AI adoption by industry shows what other sectors can learn
MIT Technology Review argues that the tech sector is simply the first in line for AI adoption rather than an exception. The changes now reshaping software engineering and product management are expected to reach other industries as tools mature.
AI startup Vectorial lands $3M to simulate human behavior for consumer research
Vectorial AI raised $3 million in seed funding to launch a platform that uses AI to simulate human behaviour for consumer research, a task the company sees as slow and poorly done today.
Otter.ai raises $320 million from General Catalyst's growth fund for its meeting tool
Meeting note-taker Otter.ai raised $320 million from General Catalyst's Customer Value Fund, which provides non-dilutive capital repaid from marketing results. The company plans to spend it on enterprise growth, international expansion and product work.