BLOOMBERG Instacart named former chief financial and operating officer Ravi Gupta to its board of directors, formalising a move after the grocery technology company went public earlier this week. “There are new growth areas — Connected Stores, Instacart Health, AI — entire plethora of ways that the company’s going to innovate,” Gupta said in an interview ahead of the announcement. ...

BLOOMBERG Cainiao Network Technology Co, the logistics arm of Alibaba Group Holding Ltd, is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with the matter, potentially making it among the first of the Chinese tech firm’s units to go public. The company is targeting to raise at least $1 ...

BLOOMBERG Amazon.com Inc previewed a push into generative artificial intelligence with new features for its Alexa voice assistant. The new system will focus on a conversation-like interface, real-world applications, personalisation, personality and privacy, Dave Limp, the company’s outgoing devices and services chief, said during an event at Amazon’s second headquarters in Arlington, Virginia. “You can now have near human-like interactions ...