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Perplexity has introduced an AI-powered shopping assistant for US users, allowing them to search for products and refine results through follow-up questions. The service integrates with PayPal for direct purchases and remembers user preferences to enhance future recommendations. Mobile access is expected soon.
PayPal is acquiring Cymbio, a platform that helps brands sell on AI-driven surfaces like Microsoft Copilot. This move aims to enhance PayPal's capabilities in agentic commerce, allowing more merchants to reach customers through AI channels.
PayPal has purchased the Israeli firm Cymbio to boost its e-commerce capabilities, focusing on AI-driven shopping services. This acquisition aligns with PayPal's strategy to enhance automated shopping experiences and expand its offerings to merchants. Financial details of the deal weren't disclosed.
PayPal has launched the Model Context Protocol (MCP) to enhance agentic commerce for developers, allowing them to leverage AI tools for tasks like invoice generation. The MCP server offers both local and remote options for integration, enabling merchants to create invoices using simple language prompts without manual input. This initiative aims to modernize digital commerce by providing developers and merchants with innovative, AI-driven capabilities.