AI News: Shopify Opens Checkout to Browser AI Agents, AMD Acquires World Labs for $8.2B

Shopify Expands WebMCP Support to Checkout

Shopify is expanding WebMCP support to checkout, allowing browser-based AI agents to update order details and complete purchases with buyer authorization. ^[1]

AMD to Acquire World Labs for $8.2B

AMD announced it will acquire Fei-Fei Li’s World Labs for $8.2 billion. After the deal closes, World Labs founder Fei-Fei Li will join AMD as executive vice president and chief scientist. ^[3]

OpenAI Reportedly Shelves Model Over Safety Concerns

OpenAI reportedly shelved a model over safety concerns. An executive at the AI lab told The Wall Street Journal that the model in question performed poorly at following instructions. ^[4]

Modal Labs to Raise at $15.75B Valuation

According to sources, inference services provider Modal Labs is close to completing a $750 million funding round at a $15.75 billion valuation. The new financing is expected to more than triple the AI infrastructure startup's valuation in just four months. ^[5]

AI Boom Sparks Divisions at Climate Week

The AI boom has also swept through Climate Week, but not everyone is happy about it. As in other areas of the U.S., data centers and AI are dividing climate tech founders and investors. ^[2]

Peak XV Raises Surge Seed Investment Cap

Peak XV raised its Surge seed investment cap to $5 million and unveiled its latest cohort of 18 startups. Of these, 13 are targeting global markets, and more than half are based in India. ^[6]