Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Anthropic's Model Context Protocol (MCP) is transforming AI chatbot-mediated e-commerce by allowing users to make purchases directly through AI chat. Major tech players like Google, Microsoft, and OpenAI have adopted MCP, with payment processors such as Visa, Mastercard, and PayPal partnering to enable seamless payment capabilities for AI chatbots. This technology enables AI agents to handle secure transactions across platforms without manual logins or web browsers, revolutionizing the online shopping experience. While retailers have been slow to adopt MCP, the shift towards agentic e-commerce is inevitable.Ben Kaufman, a serial entrepreneur and former executive at companies like Mophie and Buzzfeed, has joined Eko as the President and Chief Commercial Officer. Eko, originally known as Interlude, is a video tech startup that pivoted to focus on enhancing product catalogues for online shopping sites. With strategic investors like MGM Studios and Warner Music Group, as well as funding from Walmart and Amazon, Eko is now expanding its operations with a new "capture factory" in Bentonville, Arkansas. This facility will use AI-powered robotic cameras to create interactive and detailed product images for online shoppers.Nvidia recently made a deal with Saudi Arabia, giving the Middle East an advantage over China in the AI race. The deal involves providing the AI startup Humain with cutting-edge Nvidia Blackwell chips, putting the region at the forefront of AI technology. This move could potentially add a trillion dollars to the market opportunity for AI in the next decade. On the other hand, China, which has to settle for less powerful Nvidia H20 chips, is seen as the big loser in this scenario.Diane Brady interviews Mastercard CEO Michael Miebach and United Wholesale Mortgage CEO Mat Ishbia. President Trump opposes Apple's plan to move production to India to avoid tariffs. The markets are mixed but calm. Mastercard is focused on innovative payment methods like retinal scans and fingerprints. Mat Ishbia discusses his leadership style and optimism despite the Phoenix Suns' elimination from the NBA playoffs.The text discusses the importance of AI in accelerating tasks, not just reducing costs, to drive significant business value. It introduces Microsoft's new reasoning models and open-source code generator that improve performance and provide valuable insights for training reasoning models effectively. The text also mentions the European Union's decision to ease regulations on AI, Meta's adjustments, and researchers' development of memory layers for large language models to enhance factual accuracy.

Thanks for listening! Follow us on Twitter, Instagram and Linkedin