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Torben Severson, a 17-year Amazon executive, has joined OpenAI as head of global business development, amid intensifying AI talent competition. This follows OpenAI's $38 billion AWS deal and reflects broader executive migrations from tech giants to AI firms. Such moves signal AI's growing dominance over traditional retail empires.
Download the eBook, The impact of AI on data center security, sustainability, and talent development, to explore AI’s impact on data centers and how to prepare for what’s next.
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Black Friday 2025 saw U.S. online spending soar to a record $11.8 billion, up 9.1% year-over-year, driven by AI tools that boosted traffic 805% and added $3 billion in sales. Amid inflation, consumers favored mobile and digital shopping, signaling a retail shift. Cyber Monday is projected to hit $14.2 billion.
Black Friday online spending hit a record $10.8 billion, driven by deep discounts and a surge in Buy Now, Pay Later usage. This deep dive analyzes how mobile commerce dominance, resilient brick-and-mortar traffic, and aggressive inventory clearance strategies are reshaping the retail sector despite lingering economic headwinds.
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Sears, once America's retail giant, faces potential extinction in the 2025 holiday season amid dwindling stores, financial woes, and competition from e-commerce like Amazon. Black Friday deals on home goods may signal its last stand, as inflation and online shifts erode its relevance. This decline highlights retail's need for adaptability.
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