Visa partners with AI giants to streamline online shopping

Visa is partnering with tech heavyweights, including Microsoft and OpenAI, to roll out a new platform that lets users delegate their online shopping tasks to AI agents. While users will set spending limits, the AI agents will do the rest — searching for products, booking vacations or ordering groceries, the payments processor said on Wednesday. WHY IT’S IMPORTANT Digital commerce companies often try to shorten the time between consumers selecting a product and making a payment to prevent them from abandoning their purchases midway.