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DoorDash (DASH) is in advanced talks to acquire Instacart (CART)
DoorDash is reportedly in advanced talks to acquire grocery delivery company Instacart, with a deal potentially valued at $17 billion and announced as soon as Thursday. While Instacart shares rose on the news, DoorDash shares declined. This acquisition would represent a significant shift in the food and grocery delivery market, where DoorDash also competes with Uber Eats and GrubHub.
Instacart now has its own AI assistant called Clementine
Instacart has launched its own AI assistant named Clementine. This new tool is designed to help users decide what products to purchase.
Google AI Mode now integrates with Canva, YouTube Music and Instacart
Google's AI Mode in Search now integrates with third-party services like Canva, YouTube Music, and Instacart. This allows users to create playlists, design flyers, and compile shopping lists directly through AI-powered search functionalities.
Xbox shake-up sees multiple AI leads join the leadership team
Xbox CEO Asha Sharma has announced a significant leadership reshuffle within Microsoft's gaming division, bringing in several new executives with backgrounds in Artificial Intelligence. These changes aim to streamline development and improve the company's focus on community engagement. The shake-up also involves some existing leaders transitioning to new roles or departing, alongside a shift away from dedicated Copilot gaming support development.
New Xbox CEO replaces 24-year Microsoft employees with former CoreAI, Meta, Instacart execs to "evolve how we…
New Xbox CEO Asha Sharma is implementing a significant leadership restructuring, bringing in former colleagues from Instacart, Meta, and Microsoft's CoreAI. This move follows a 33% decline in quarterly Xbox hardware sales, with veteran Microsoft employees Kevin Gammill and Roanne Sones departing. Sharma aims to "evolve how we work and how we are organized across our platform" to build a more affordable, personal, and open ecosystem.
Gaming Needs More Ads, Expert Says, And A $6 Game Pass Tier
Microsoft Gaming CEO Asha Sharma is reportedly exploring ways to make Xbox Game Pass more affordable, potentially through a lower-priced, ad-supported tier. Industry expert Joost van Dreunen suggests embracing advertising, citing its prevalence in other media, and notes that subscriptions excel at retention but not market growth. Former PlayStation executive Shawn Layden expressed skepticism about Game Pass's current trajectory, while Netflix CEO Greg Peters indicated openness to potential bundle collaborations with Xbox.
Microsoft Gaming CEO Asha Sharma pledges "no bad AI" at Xbox
Microsoft Gaming CEO Asha Sharma has stated she has "no tolerance for bad AI" at Xbox, emphasizing that while AI is part of gaming, "great stories are created by humans." Sharma, who joined Microsoft in 2024, aims to build trust with players and developers, assuring that Xbox will not prioritize short-term efficiency or flood its ecosystem with AI-generated content. This comes as Phil Spencer and Sarah Bond are stepping down from their leadership roles at Xbox.
