Reuters

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The FTC has sent Instacart a civil investigative demand as it looks for information about the company’s Eversight pricing tool, which allows retailers on its platform to experiment with different prices using artificial intelligence, Reuters reported, citing sources familiar with the matter.

From Barron's

The FTC told Reuters that it doesn’t comment on potential or ongoing investigations but the agency was “disturbed by what we have read in the press about Instacart’s alleged pricing practices.”

From Barron's

Terms of the recent deal weren’t disclosed in the news release, but Reuters reported in November that it was under $300 million.

From Los Angeles Times

Alphabet Google is working to improve how its AI chips run PyTorch, a widely used AI software framework, to improve the competitiveness of its Tensor Processing Units against Nvidia’s hardware, Reuters reported Wednesday.

From Barron's

Google is aiming to make its TPUs fully compatible with AI infrastructure its customers have built using PyTorch software to reduce the cost of switching away from Nvidia chips, according to Reuters.

From Barron's