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Games & Commerce

China\'s AI agents point to the future of commerce

Agent commerce, in which AI agents search for products and complete payments on behalf of users, is spreading rapidly in China and is pushing global companies to change strategy, an analysis found. Harvard Business Review cited examples including Meituan’s Xiaomei, Alibaba’s Qwen Agent and Ant Group’s AQ Health app. HBR said China’s payment and identity infrastructure, logistics, super-app ecosystems and consumer acceptance are key drivers.

Crypto

Musk\'s X Money seen launching in April; CLARITY bill a variable

X, formerly Twitter, is preparing a payment service called X Money that could disrupt the U.S. payments market, analysts said. Mizuho Research analysts said the service could put direct pressure on PayPal and Venmo and is expected to launch in April. They warned that plans to integrate cryptocurrency payments and offer returns on user balances could face regulatory obstacles, including New York’s CRYPTO bill and discussions around the federal CLARITY bill.

AI & Enterprise

Alibaba launches enterprise agentic AI Wukong, to integrate with Slack and Teams

Alibaba has unveiled a new agentic AI platform for enterprise customers called Wukong, CNBC reported on March 17. The platform lets companies manage multiple AI agents through a single interface and includes enterprise-grade security features. It supports automation of tasks such as document editing, approvals, meeting minutes and research. Wukong is currently available as an invitation-only test version.