In this episode of the Latent Space Podcast, Alessio and Swyx interview Emily Sands, Head of Data and AI at Stripe, about Stripe's role in building financial infrastructure for the internet and its expansion into AI. Emily discusses how Stripe utilizes data to understand economic trends, improve user experiences, and combat fraud, including card testing and friendly fraud, especially in the AI sector. She also introduces the Agentic Commerce Protocol (ACP), a collaboration with OpenAI, to standardize interactions between businesses and AI agents, and highlights Stripe's efforts to support various AI business models through token billing, stablecoin acceptance, and optimized checkout experiences. The conversation also explores internal AI applications at Stripe, such as the "Hubert" data query tool, and addresses the build-versus-buy decision-making process for internal tooling, as well as the overall economic impact and potential bubble in the AI industry.
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