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Visa and Mastercard unveil AI-powered shopping


Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa

Visa says that it is collaborating with a mix of tech giants and startups to develop AI-powered shopping experiences that are “more personal, more secure, and more convenient.” Those companies include Anthropic, IBM, Microsoft, Mistral AI, OpenAI, Perplexity, Samsung, and Stripe, among others. In a statement, it said: “This means that for a soon-to-be-30-year-old planning her milestone birthday party, she can now chat with an AI agent to proactively curate a selection of outfits and accessories from local boutiques and online retailers based on her style, the venue’s ambience, and weather forecasts. Mastercard said it will work with Microsoft on new use cases to scale “agentic commerce,” as well as with IBM, Braintree, and Checkout.com on other aspects of AI-powered shopping.

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