Major retailers and publishers are adding generative AI tools to their online experiences, enabling stronger discovery and engagement.
Why it matters: Conversational search better reveals customer intent than traditional menu navigation and keyword search, providing companies with richer insights to improve their products.
The boom in spending on AI infrastructure and services is sustainable because it's driving meaningful innovation, the CFO of Amazon Web Services tells Axios.
Why it matters: Some investors and analysts are getting nervous about an AI bubble, with an eye on ballooning debt, corporate valuations and circular financing deals and whether revenue growth can keep pace with massive infrastructure spending.
It was an economy bursting at the seams: robust growth powered by a tech boom, low unemployment, elevated inflation and Fed rate hikes to try to cool things down.
The big picture: That was the situation in the year 2000, and it reminds us a great deal of the conditions in 2026.
On October 27 at 9:00am ET, tune in to conversations with Philadelphia mayor Cherelle Parker, Chamber of Commerce for Greater Philadelphia president and CEO Chellie Cameron and JEVS Human Services president and CEO Cynthia F. Figueroa on the workforce challenges, skills and investments shaping Philadelphia's economic future.
The program will also include a sponsored View from the Top segment featuring JPMorganChase's head of Chase Consumer Banking, Jennifer Roberts.
Goldman Sachs CEO David Solomon will be the next chair of the Business Council, an invitation-only group of some of the world's most powerful corporate executives, according to an announcement shared exclusively with Axios.
Why it matters: The appointment puts Solomon at the helm of an influential forum where top CEOs exchange views on the biggest issues facing corporate America.
The adults have entered the AI chat — bond investors this week looked up from their massive buying binge and asked themselves, "Hey, are we sure these investments are going to pay out?"
Why it matters: The AI boom is looking a little wobbly these days, at least when it comes to all the borrowed money that's fueling it.
CoreWeave's huge debts, giant spending plans and myriad financial ties to giants like Microsoft, Nvidia and OpenAI make it an ideal test of whether the AI boom can stand up to serious market scrutiny.
Why it matters: If the recent sharp sell-off in CoreWeave's bonds means bond investors are less interested in funding the data center build-out, it could mark a major change for the AI boom that has been powering the U.S. economy and stock market.
Federal Reserve chairman Kevin Warsh said Friday that the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook.
Why it matters: The Fed is weighing another interest rate increase later this month as inflation heats up and the economy remains strong.
