Good morning, folks. It’s May 1, 2025, and you're tuned into the Vertica Newshound, your trusted source for the latest updates in the AI universe. Let’s dive straight into today’s headlines.Our main story centers around two financial giants, Visa and Mastercard, who have made headlines by unveiling their AI-powered shopping initiatives. This marks a significant leap into digital innovation, promising to revolutionize the online shopping experience. Visa's "Intelligent Commerce" aims to make shopping smarter through AI agents that adhere to user preferences, enhancing the payment process in collaboration with tech innovators like Microsoft and OpenAI. Meanwhile, Mastercard's "Agent Pay" offers a hands-off shopping experience on conversational platforms, incorporating its One Credential for seamless transactions. These initiatives signal a shift towards "agentic commerce," but also raise questions about consumer trust as Visa’s Jack Forestell acknowledges.Switching gears, Meta is making a move by launching a new standalone AI app to compete with giants like ChatGPT. This app boasts a premium tier for advanced features and integrates ads and product recommendations, reflecting Meta’s strategy to monetize AI applications uniquely.In another development, Google’s Gemini chatbot is enhanced with new image-creation tools, empowering users with versatile editing options across 45 languages. This update signifies a stride in embedding AI into daily digital experiences.Nvidia CEO, Jensen Huang, is calling for revised AI chip export regulations in the U.S. Huang emphasizes that less restrictive regulations could give American businesses a global edge by broadening access to leading AI hardware.In additional headlines, Meta forecasts significant revenue from its generative AI products, projecting earnings up to $1.4 trillion by 2035. Microsoft faces overwhelming demand for its AI services, stressing current data center capacities. Finally, Waymo has partnered with Toyota to bring personal self-driving vehicles to a wider audience.That’s all for today, folks. Thank you for tuning in to the Vertica Newshound. Stay curious, stay informed, and we'll catch you here tomorrow with more AI insights and developments.Sources:TechCrunch: https://techcrunch.com/2025/04/30/visa-and-mastercard-unveil-ai-powered-shoppingAP News: https://apnews.com/article/ai-artificial-intelligence-5dfa1da145689e7951a181e2253ab349Yahoo Finance: https://finance.yahoo.com/news/visa-partners-ai-giants-streamline-181648886.htmlBloomberg: https://www.bloomberg.com/news/articles/2025-04-30/visa-ceo-says-ai-shopping-to-push-advertising-payments-to-adaptThe Verge: https://www.theverge.com/news/659242/mark-zuckerberg-is-planning-a-premium-tier-and-ads-for-metas-ai-appTechCrunch: https://techcrunch.com/2025/04/30/googles-gemini-chatbot-gets-upgraded-image-creation-toolsBloomberg: https://www.bloomberg.com/news/articles/2025-04-30/nvidia-ceo-urges-trump-to-change-rules-for-ai-chip-exports

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