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Newsweek
25-06-2025
- Business
- Newsweek
AI Impact Summit 2025: Watch Attendees Debate and Explore Demos on Day Two
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Attendees of Newsweek's AI Impact Summit returned for a second day of insightful conversations on Tuesday as speakers offered thought-provoking ideas about artificial intelligence in everything from health care to filmmaking and city planning to weather forecasting. To kick off the day, industry leaders gathered for breakfast on the lawn of the Fairmont Sonoma Mission Inn & Spa, where organic eggs, Belgian waffles and fresh coffee awaited them. Daniel Danker, the chief product officer at Instacart, was among the early risers at the venue. Sipping on a hot beverage from the specialty coffee cart, Danker told Newsweek it was important to meet with other leaders at events like the AI Impact Summit because, "We're all trying to figure out the same things right now." Sonoma, CA - Instacart CPO Daniel Danker speaks with Newsweek senior reporter Katherine Fung and Instacart associate manager Jane Ross before event programming begins at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24,... Sonoma, CA - Instacart CPO Daniel Danker speaks with Newsweek senior reporter Katherine Fung and Instacart associate manager Jane Ross before event programming begins at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. More NICK OTTO "Seeing the different approaches across different companies and different industries is very informative, because the paint is still very wet still," Danker said. "It's interesting to see which colors and how it's setting across different companies in different parts of industry." Danker sat down with Marcus Weldon, Newsweek contributing editor and president emeritus of Bell Labs, for a conversation about how Instacart is leveraging AI to "completely tailor the [grocery] store to the shape of your household, dietary needs, brands you like, whether you're more or less price sensitive, whether you're more value-oriented." Gina Ray, the senior director of corporate marketing, brand and corporate communications at ABBYY, also joined fellow attendees for breakfast on Tuesday, excited for another day of programming. ABBYY was among Newsweek's 2025 AI Impact Award winners, taking home the Best Outcomes, Accounting recognition. Sonoma, CA - AI Impact Summit guests eat breakfast and network before event programming begins at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. Sonoma, CA - AI Impact Summit guests eat breakfast and network before event programming begins at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. NICK OTTO Halfway through the morning, attendees exited the pavilion to explore various demonstrations during the AI Intel networking break. Carrying their bright red Newsweek swag bags, many of them took the time to walk around installations from Cognizant, Google Cloud, EVOM AI Piano and Doctronic, among others. Doctronic's founders, Matt Pavelle and Dr. Adam Oskowitz, showed attendees how their AI works: Patients can make a telehealth appointment with Doctronic's AI doctor, who then transcribes notes that patients can take to a human provider. "Our north star has always been access," Oskowitz told Newsweek. Sonoma, CA - AI Impact Summit attendees walk to the AI Intel networking session at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. Presenting companies include Cognizant, Google Cloud, The Marketing Cloud,... Sonoma, CA - AI Impact Summit attendees walk to the AI Intel networking session at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. Presenting companies include Cognizant, Google Cloud, The Marketing Cloud, City of Denver, EVOM AI Piano, Doctronic, Serve Robotics and Zoom. More NICK OTTO He said one of the biggest obstacles is timing. Patients want to know what's happening to them immediately, not in three weeks or three months when their doctor's office might finally have appointment availability. Pavelle chimed in, "Our business model is to try to provide really inexpensive primary care and urgent care, which is obviously useful, and then refer out for specialists." "When we launched two years ago, the question was, did people want to talk to an AI doctor?" Pavelle told Newsweek. "The answer was an immediate yes. People just say things, and there's no embarrassment." Sonoma, CA - Doctronic co-founder Matt Pavelle offers visits to AI Impact Summit attendees during a networking break at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. Sonoma, CA - Doctronic co-founder Matt Pavelle offers visits to AI Impact Summit attendees during a networking break at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. NICK OTTO By getting around that obstacle, Pavelle suggested that an AI doctor might be able to extract more accurate information from a patient than a real-life doctor because patients might feel less judged and, thus, provide more truthful and genuine answers about their health. He also reflected on the Newsweek summit, describing Tuesday's health care panel as "fantastic," praising the speakers for being "spot on," and recalling a "great" discussion from yesterday's industry roundtables. Tuesday's roundtable discussions included a conversation on whether organizations should build their AIs in-house or outsource that type of work. Executives across industries—from finance to energy to health care—debated the decision, remarking how building it yourself would foster greater innovation and allow you to create an AI that is more tailored to the needs of your company. On the other hand, buying AI can be faster, more reliable and more cost-effective. Sonoma, CA - Doctronic co-founders Adam Oskowitz and Matt Pavelle present their AI doctor and offer visits to AI Impact Summit attendees during a networking break at Fairmont Sonoma Mission Inn and Spa on Tuesday,... Sonoma, CA - Doctronic co-founders Adam Oskowitz and Matt Pavelle present their AI doctor and offer visits to AI Impact Summit attendees during a networking break at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. More NICK OTTO The roundtable was led by Vickram Kooblall, the chief information officer and chief information security officer at Scahill Law Group, who told Newsweek he was amazed by the slate of speakers at the summit. "It's phenomenal," Kooblall said as he made his way over to the lunch taco bar from the Kenwood Ballroom. "The quality of speakers at the conference really surprised me," he said. "It gives us greater insight into where we're going to be headed. They're kind of at the innovation standpoint. They're the ones creating the path, while we're following it, creating little adjacent roads outside and coming back into it." Sonoma, CA - Scahill Law Group CIO and CISO Vickram Kooblall leads AI Impact Summit attendees through the "Build It or Buy It" roundtable discussion at Fairmont Sonoma Mission Inn and Spa on Tuesday, June... Sonoma, CA - Scahill Law Group CIO and CISO Vickram Kooblall leads AI Impact Summit attendees through the "Build It or Buy It" roundtable discussion at Fairmont Sonoma Mission Inn and Spa on Tuesday, June 24, 2025. More NICK OTTO Kooblall said he particularly enjoyed hearing from the Cognizant executives who attended the first and second day of the summit, describing their AI work as "an innovation, a solution that I'm really looking for." After a tasty lunch, Kooblall joined other attendees on a visit to the St. Francis Winery & Vineyards, where some elegant, fruit-driven wines awaited them. The guests then returned to the lawn after the wine tour for another networking reception to close out the second day of the summit. On Wednesday, AI leaders will take the Newsweek stage to discuss the age of the new workflow, returns of investment in the age of AI and how to enhance AI governance and privacy. Check out the full lineup here.
Daily Mail
17-06-2025
- Business
- Daily Mail
Costco is giving some members a new perk
Costco is giving some members a new perk — a free $10 monthly delivery credit. The credit can be used toward the retailer's own same-day delivery service or when ordering from Costco via Instacart. But it is only on qualifying orders of $150 or more. And the new benefit is only for executive members, who pay $130 a year for the premium tier — double the price of a standard $65 gold star membership. 'Our new monthly credit makes it easier than ever for members across North America to get Costco's warehouse items with the convenience of fast and reliable delivery,' said Instacart's chief product officer Daniel Danker. But not everyone is impressed. Some shoppers took to X to say the $10 credit won't move the needle — especially since Sam's Club has offered a similar perk for more than a decade. 'Costco is still playing catch-up to Sam's in a lot of ways,' one user posted. Walmart-owned Sam's Club, Costco's biggest rival also recently dropped its membership price to just $20 , rolled out a new AI checkout and even undercut Costco's iconic $1.50 hot dog and soda combo. Retail analysts say these moves have forced Costco to respond. Costco's $10 credit is is one of two perks for executive members starting on June 30. They will also get to start shopping an hour earlier too. Costco hopes the new shopping hours will reduce traffic in car parks and lines at checkouts, which is a key customer complaint . However, it is also a move that could boost membership fee revenue, a key driver of Costco's bottom line. Costco has also expanded its gas station hours and added more pumps. The retailer's gas stations are now open from 6am until 10pm on weekdays . Costco customers have criticized the retailer for recent changes. There was backlash after the chain announced its plans to switch to Coca-Cola from Pepsi beverages in its food courts. The company confirmed the change in January and rolled out the first machine at a new California store in March. Shoppers also claimed on Reddit that the chain hiked its food court prices . These triggers could potentially be reasons why Costco was beaten by Walmart this year in America's grocery wars.
Daily Mail
16-06-2025
- Business
- Daily Mail
Costco is giving its members $10 for free... but there's a catch
Costco is giving some members a new perk — a free $10 monthly delivery credit. The credit can be used toward the retailer's own same-day delivery service or when ordering from Costco via Instacart. But it is only on qualifying orders of $150 or more. And the new benefit is only for executive members, who pay $130 a year for the premium tier — double the price of a standard $65 gold star membership. 'Our new monthly credit makes it easier than ever for members across North America to get Costco's warehouse items with the convenience of fast and reliable delivery,' said Instacart's chief product officer Daniel Danker. But not everyone is impressed. Some shoppers took to X to say the $10 credit won't move the needle — especially since Sam's Club has offered a similar perk for more than a decade. 'Costco is still playing catch-up to Sam's in a lot of ways,' one user posted. Walmart-owned Sam's Club, Costco's biggest rival also recently dropped its membership price to just $20, rolled out a new AI checkout and even undercut Costco's iconic $1.50 hot dog and soda combo. Retail analysts say these moves have forced Costco to respond. Instacart's chief product officer Daniel Danker insisted said members will be able to get orders faster and more conveniently Costco's $10 credit is is one of two perks for executive members starting on June 30. They will also get to start shopping an hour earlier too. Costco hopes the new shopping hours will reduce traffic in car parks and lines at checkouts, which is a key customer complaint. However, it is also a move that could boost membership fee revenue, a key driver of Costco's bottom line. Last year Costco brought in more than $4 billion a year from membership fees alone, after upping its rates in September. Around half of Costco's 79.6 million shoppers have executive level memberships, but they account for 73 percent of sales. The top level also offers a two percent rebate on all Costco purchases up to a total of $750 a year Costco has also expanded its gas station hours and added more pumps. The retailer's gas stations are now open from 6am until 10pm on weekdays. The new deal is debuting the same day as Costco's new policy that allows executive members to shop before gold star shoppers Costco customers have criticized the retailer for recent changes. There was backlash after the chain announced its plans to switch to Coca-Cola from Pepsi beverages in its food courts. The company confirmed the change in January and rolled out the first machine at a new California store in March. Shoppers also claimed on Reddit that the chain hiked its food court prices. These triggers could potentially be reasons why Costco was beaten by Walmart this year in America's grocery wars. Costco still managed to have a successful third quarter this year with $61.96 billion, an 8 percent increase compared to last year's results. Factors that may have contributed to Costco reaching this total include a few food court menu shakeups and its expansion of gas station hours.
Yahoo
13-06-2025
- Business
- Yahoo
Costco to offer $10 monthly delivery credit for premium members
Costco Wholesale Corp. is teaming up with Maplebear Inc. to offer a $10 credit per month to spend on Instacart deliveries. Under the deal, executive members in Canada and the United States will receive the credit to use on same-day deliveries valued at $150 or more if they use Maplebear-owned Instacart to ship their Costco orders. Costco offers different delivery options depending on the items, but some products can cost $3 per unit. Instacart offers various delivery options for Costco, but all orders must total at least $35 before taxes. 'Our new monthly credit makes it easier than ever for members across North America to get Costco's warehouse items with the convenience of fast and reliable delivery through Instacart,' Daniel Danker, chief product officer at Instacart, said in a news release. Costco's executive memberships, which offer cash back and additional offers, cost $130 annually, while regular plans — dubbed gold memberships — cost $65. Costco to source more Kirkland products in Canada to avoid tariffs Costco to reduce Canadian products in U.S. stores in wake of tariffs The retailer also announced this week that U.S. stores would open an hour earlier for executive members. The Instacart offer begins on June 30. • Email: bcousins@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
12-06-2025
- Business
- Malaysian Reserve
Costco Executive Members Now Get Monthly Credit for Same-Day Delivery with Instacart
Starting June 30, Costco Executive Members in the US and Canada will receive a $10 monthly credit towards a delivery order on or Costco via Instacart SAN FRANCISCO, June 11, 2025 /CNW/ — Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced a new perk to enhance the value of Costco's Executive Membership. Starting June 30, Executive Members in the US and Canada will receive a $10 monthly credit toward or Costco via Instacart available on an order of $150 or more. Instacart enables delivery of Costco's warehouse items to members' doorsteps in as fast as an hour, combining a flexible delivery experience with the value of Costco's quality offerings. The monthly credit is automatically applied to a qualifying Costco order placed through or Instacart and is available exclusively to Executive Members. 'Costco Executive Members expect exceptional value – and now, they can get even more delivered to their door,' said Daniel Danker, Chief Product Officer at Instacart. 'Our new monthly credit makes it easier than ever for members across North America to get Costco's warehouse items with the convenience of fast and reliable delivery through Instacart.' Costco first partnered with Instacart for same-day delivery in 2017 and later expanded the partnership to include Costco's same-day delivery website powered by Instacart Storefront Pro in 2021. For more information or to start shopping, visit and About InstacartInstacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with more than 1,800 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from more than 100,000 stores across North America on the Instacart Marketplace. Instacart makes it possible for millions of people to get the groceries they need from the retailers they love, and for approximately 600,000 Instacart shoppers to earn by picking, packing and delivering orders on their own flexible schedule. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of CPG brands – from category leaders to emerging brands – partner with the company to connect directly with consumers online, right at the point of purchase. With Instacart Health, the company is providing tools to increase nutrition security, make healthy choices easier for consumers, and expand the role that food can play in improving health outcomes. For more information, visit and to start shopping, visit Maplebear Inc. is the registered corporate name of Instacart.
