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Perplexity launches shopping hub to compete with Google

Perplexity AI launches shopping features to compete with Google, enhancing user experience with product cards and visual search tools.

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Artificial intelligence startup Perplexity has introduced a shopping hub to enhance its platform and compete with Google’s search engine dominance.

 

The initiative, announced on November 18, aims to attract users by providing product cards that display relevant items in response to shopping-related queries.

Perplexity is backed by Jeff Bezos and Nvidia, and the new feature utilises integrations with Shopify to access up-to-date product information from businesses that ship to the United States.

This effort is part of a broader trend among e-commerce platforms to adopt AI tools to bring in more merchants.

The launch includes a feature called ‘Snap to Shop,’ which allows users to visually search for products based on their photos.

Initially, these features will roll out in the United States, with plans for expansion to other markets in the future.

Perplexity is also introducing a ‘Merchant Program’ that enables retailers to share product information directly with the company.

Recent reports indicate that Perplexity is in the process of raising new investments that could value the company at $9 billion.

The startup is looking to diversify its offerings, especially with increased competition from OpenAI, which recently added new search functionalities to ChatGPT.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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