Asos, the online fashion retailer, has reported record sales and increased its forecasts for the year ahead after it more than doubled its pre-tax profits.
Advertisers spent $72.5bn on digital marketing in the US last year, an increase of 22 percent from 2015, according to a report by consultancy firm PwC for the Interactive Advertising Bureau (IAB).
The Spring budget brought no relief for retailers today, instead underlining the difficulties they face over the next few years.
The primary application of artificial intelligence in retail is customer service chatbots, intelligent search tools, and personalisation.
The circulation of bitcoin has increased 20 percent since January 2015, with 12.5 bitcoins currently being added to the system every ten minutes.