Merchants in North America are increasingly turning to Shopify for e-commerce operations, drawn by its AI-driven automation tools. Businesses like Klatch Coffee and Daily Harvest have migrated to the platform, benefiting from features that streamline discount creation, product descriptions, and sales tracking. Shopify’s AI suite, ‘Shopify Magic’, is levelling the playing field for smaller businesses by offering capabilities once exclusive to major retailers.
Revenue for Shopify is projected to rise by 27.3% in the holiday quarter, outpacing global e-commerce growth, which is estimated at 8.4% for the year. The company is recovering from a post-pandemic slowdown, with the number of stores registered on its platform increasing by 20% in the July-September period. Analysts note that Shopify is attracting sellers at a rate approaching its pandemic-era surge.
Subscription plans, ranging from $39 to $2,000 per month, offer businesses full control over their online operations. Merchants switching from smaller rivals cite Shopify’s ease of use, integrated payment processing, and AI-powered content generation as key advantages. AI-generated product images have helped businesses cut costs, while automation tools have saved time on marketing and customer engagement.
Despite rapid growth, analysts are cautious about Shopify’s profit margins. Although earnings have more than doubled in recent quarters, projections indicate a slowdown in profit growth. Partnerships with payment providers like PayPal could also limit transaction fee revenue. However, Shopify’s focus on innovation and automation continues to strengthen its position in the competitive e-commerce sector.
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The European Union is looking to the private sector to help fund large-scale AI computing infrastructure, known as ‘AI Gigafactories,’ to support the development of advanced AI models. Speaking at the AI Action Summit in Paris, EU President Ursula von der Leyen emphasised the need for powerful computing resources to enable European startups to compete globally.
To accelerate AI adoption, the EU has pledged €50 billion in funding, adding to a €150 billion commitment from private sector companies under the EU AI Champions initiative. The goal is to mobilise €200 billion in total investment, making it the largest public-private partnership for AI development in the world.
With the US and China heavily investing in AI infrastructure, Europe is under pressure to keep pace. Von der Leyen argued that Europe’s collaborative approach to AI, focused on shared computing resources and federated data, could provide a competitive advantage. She stressed that AI Gigafactories would be accessible to researchers, startups, and industries, ensuring that Europe remains a key player in the AI race.
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France‘s antitrust agency has launched an investigation into Microsoft over concerns that the company may be degrading search results for smaller rivals using Bing technology in their search-engine products. Microsoft has confirmed its full cooperation with the French regulator, the Autorité de la concurrence, but has not commented further. Although Microsoft does not dominate the general search market, it holds a significant share in the search-engine syndication sector.
The investigation, which was first reported by Bloomberg, could lead to formal charges and a potential fine for the US tech giant if the regulator determines that Microsoft’s actions are anti-competitive. The French competition authority has yet to provide any additional details about the probe. The case could have broader implications for the way major tech firms, including Microsoft, operate in the digital advertising and search-engine markets, potentially influencing how they collaborate with smaller companies.
If the investigation results in a fine or any form of penalty, it would further highlight the ongoing scrutiny of the practices of big tech companies in Europe. With regulators across the continent taking a closer look at the competitive dynamics of the tech sector, the outcome of this case could set a precedent for future antitrust actions within the industry.
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Perplexity AI saw a 50% surge in app downloads after a clever Super Bowl promotion that required users to interact with its AI-powered search tool. Instead of running an expensive TV advert like OpenAI and Google, the company posted on X, encouraging users to download the app and ask five questions during the game for a chance to win $1 million.
The strategy paid off, with app installs rising to 45,000 on US Super Bowl Sunday, compared to the previous daily average of 30,000. The contest not only increased downloads but also helped familiarise users with Perplexity’s AI capabilities. By requiring engagement during the game, the company ensured new users experienced the search tool in action.
While OpenAI and Google invested heavily in traditional advertising, Perplexity’s approach appeared to have a more direct impact on user interaction. The app climbed the US App Store rankings, reaching as high as No. 6 in the Productivity category. Early estimates suggest the momentum may continue, potentially doubling downloads in the following days.
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US Vice President JD Vance is set to speak at the Paris AI summit on Tuesday, where he is expected to address Europe’s regulation of artificial intelligence and the moderation of content on major tech platforms. As AI continues to grow, the global discussion has shifted from safety concerns to intense geopolitical competition, with nations vying to lead the technology’s development. On the first day of the summit, French President Emmanuel Macron emphasised the need for Europe to reduce regulatory barriers to foster AI growth, in contrast to the regulatory divergence between the US, China, and Europe.
Vance, a vocal critic of content moderation on tech platforms, has voiced concerns over Europe’s approach, particularly in relation to Elon Musk’s platform X. Ahead of his trip, he stressed that free speech should be a priority for the US under President Trump, suggesting that European content moderation could harm these values. While Vance’s main focus in Paris is expected to be Russia’s invasion of Ukraine, he will lead the American delegation in discussions with nearly 100 countries, including China and India, to navigate competing national interests in the AI sector.
Macron and European Commission President Ursula von der Leyen are also expected to present a new AI strategy, aimed at simplifying regulations and accelerating Europe’s progress. At the summit, Macron highlighted the region’s shift to carbon-free nuclear energy to meet the growing energy demands of AI. German Chancellor Olaf Scholz called on European companies to unite in strengthening AI efforts within the continent. Meanwhile, OpenAI CEO Sam Altman is scheduled to speak, following a significant bid from a consortium led by Musk to purchase OpenAI.
The summit also anticipates discussions on a draft statement proposing an inclusive, human rights-based approach to AI, with an emphasis on avoiding market concentration and ensuring sustainability for both people and the planet. However, it remains unclear whether nations will support this approach as they align their strategies.
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Canadian space technology firm MDA Space has expanded its contract with Globalstar to develop next-generation low Earth orbit satellites, bringing the total value of the deal to C$1.1 billion. The agreement will see MDA manufacture over 50 advanced digital satellites, reinforcing Globalstar’s position in the competitive satellite communications market.
The US Louisiana-based Globalstar, partly owned by Apple, provides satellite-based phone and data transmission services. This contract expansion adds approximately C$750 million to Canadian MDA’s order backlog for early 2025, following an initial C$350 million commitment in late 2023.
With demand for satellite connectivity rising, companies like Globalstar are competing with major players such as SpaceX’s Starlink. MDA Space CEO Mike Greenley confirmed that the company is now moving ‘full speed ahead’ with production, highlighting the growing importance of satellite infrastructure in global communications.
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Microsoft has proposed increasing the price difference between its Office product with the Teams app and the version without it, to avoid a potential EU antitrust fine. This comes after complaints from rivals like Salesforce-owned Slack and German competitor alfaview regarding Microsoft’s practice of bundling Teams with Office. Since Teams became a part of Office 365 in 2017, it gained widespread use during the pandemic, largely due to its video conferencing capabilities.
To address concerns, Microsoft unbundled Teams from Office in 2023, offering Office without Teams for €2 less and a standalone Teams subscription for €5 per month. The European Commission is currently gathering feedback from companies, with a decision on whether to conduct a formal market test expected soon. As part of its offer, Microsoft has also proposed better interoperability terms to make it easier for competitors to challenge its products.
The EU has previously fined Microsoft €2.2 billion for similar antitrust issues in the past. If the Commission accepts Microsoft’s proposal without issuing a fine or finding wrongdoing, it would likely allow the EU to focus resources on ongoing investigations into other tech giants like Apple and Google.
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Apple is headded into consumer robotics, unveiling research that highlights the importance of expressive movements in human-robot interaction. Drawing inspiration from Pixar’s Luxo Jr., the company’s study explores how non-humanlike objects, such as a lamp, can be designed to convey intention and emotion through motion.
A video accompanying the research showcases a prototype lamp robot, which mimics Pixar’s iconic animated mascot. The study suggests that even small movements, such as turning towards a window before answering a weather query, can create a stronger connection between humans and machines. The lamp, operating with Siri’s voice, behaves as a more dynamic alternative to smart speakers like Apple’s HomePod or Amazon’s Echo.
This research comes amid speculation that Apple is working on a more advanced smart home hub, possibly incorporating robotic features. While details remain scarce, rumours suggest a device resembling a robotic arm with an integrated screen. Though Apple’s consumer robotics project is still in early stages, the findings hint at a future where expressive, intelligent robots become a part of everyday life.
France is set to receive an unprecedented €83 billion in AI-related investments, with Canadian firm Brookfield committing €20 billion by 2030. The majority of this funding will be allocated to data centres, including a massive one in Cambrai with a capacity of up to one gigawatt. This surge in investment follows the announcement of a €50 billion AI campus project between France and the UAE.
A key factor behind France’s appeal is its energy infrastructure. With 65% of its electricity generated from nuclear power and another 25% from renewables, the country offers a sustainable solution for tech companies seeking to reduce their carbon footprint. This has positioned France as an attractive location for power-intensive AI data centres.
Alongside international funding, France’s public investment bank Bpifrance has pledged €10 billion to support AI startups, while telecom giant Iliad is investing €3 billion in AI-focused infrastructure. With the AI Action Summit set to take place in Paris, more investment announcements could be on the horizon.
Elon Musk has confirmed he has no intention of purchasing TikTok, despite speculation and suggestions from former US President Donald Trump.
Speaking at a summit hosted by The WELT Group, Musk stated he had not made a bid for the app and had no plans for its future. He also noted that he does not use TikTok personally and is unfamiliar with its format.
The billionaire emphasised that acquiring companies is rare for him, with his high-profile purchase of Twitter, now X, being an exception. He reiterated his preference for building businesses from the ground up rather than taking over existing ones.
ByteDance, TikTok’s Chinese parent company, has been under pressure to sell its US assets due to concerns about data security and potential government influence.
Apple and Google have yet to reinstate TikTok in their app stores since new US legislation took effect. In response, TikTok has enabled Android users to download the app directly from its website.
Trump has suggested that multiple parties are in discussions over the platform’s future, with a final decision expected soon.
ByteDance has consistently denied any plans to sell TikTok, despite mounting political scrutiny. Trump, who once sought to ban the app, has recently expressed support for it, citing its role in his popularity among young voters.
No official response has been provided by ByteDance or TikTok regarding the ongoing situation.
