Fabric news and trends

Fabric Buys Walmart’s Telehealth Business and Stitches AI Into Digital Healthcare
Healthcare // August 08, 2024

Telehealth has evolved from a niche service to a central element of healthcare, a shift accelerated by the COVID-19 pandemic. This evolution reflects a broader move toward digital health solutions that fundamentally change patient care. “We’re creating that on-demand experience for patients to get care...

Fabric Names Curt Avallone Co-CEO to Tackle eGrocery
Personnel // March 25, 2024

Retail fulfillment company Fabric named eCommerce veteran Curt Avallone as its co-CEO. The appointment comes as Fabric looks to expand its operations worldwide with a focus on eGrocery, according to a Monday (March 25) press release. “Over the past 30 years, Avallone has collaborated to build new businesses...

This Week in AI: Nvidia, Nvidia and More Nvidia
Artificial Intelligence // February 23, 2024

Any innovation worth its salt will bring with it a fair share of questions. And one of the biggest questions surrounding artificial intelligence (AI) was whether the ongoing hype would turn into real, tangible market value.  This week, those questions were put strongly to bed by...

Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
Investments // February 21, 2024

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. The platform increases provider productivity by streamlining in-person and virtual visits with tools like conversational artificial intelligence, according to a Wednesday (Feb. 21)...

Interviews & Exclusives
Fabric CEO: ‘Peak Website’ Helps Retailers Win Battle for Post-Purchase Efficiency

September 24, 2024
“This is where the battle’s going to be won,” Mike Micucci, CEO at fabric, told PYMNTS’ Karen Webster. “This” is retail’s ability to meet consumers where they are — whether online, in-store or on social media — and deliver a seamless, efficient and reliable shopping experience across all channels. They might find a product on social, […]

Fabric Buys Walmart’s Telehealth Business and Stitches AI Into Digital Healthcare

August 08, 2024
Telehealth has evolved from a niche service to a central element of healthcare, a shift accelerated by the COVID-19 pandemic. This evolution reflects a broader move toward digital health solutions...

Why $20T Of B2B Commerce Is Ripe For Disruption And A Big Digital Shift

July 30, 2021
As more enterprises shift their business online due to the coronavirus pandemic, the way transactions are done is undergoing a pronounced transformation. It’s a shift that has created a golden...

Why Fabric’s CEO Tells Retailers To Stop Chasing The Digital Consumer

June 08, 2021
By the numbers, the scope of the digital shift is impossible to ignore. According to PYMNTS latest consumer survey, 62 percent of consumers that have shifted more digital are shopping...

Quick Reads
Fabric Names Curt Avallone Co-CEO to Tackle eGrocery

March 25, 2024
Retail fulfillment company Fabric named eCommerce veteran Curt Avallone as its co-CEO. The appointment comes as Fabric looks to expand its operations worldwide with a focus on eGrocery, according to a Monday (March 25) press release. “Over the past 30 years, Avallone has collaborated to build new businesses that generate over $8 billion in annual sales and over […]

Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform

February 21, 2024
Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. The platform increases provider productivity by streamlining in-person...

Microsoft Debuts AI-Powered Data Tools for Doctors

October 10, 2023
Microsoft has unveiled artificial intelligence-powered products to help doctors glean insights from healthcare data. The product launch, announced Tuesday (Oct. 10), followed a similar debut this week from rival Google, and comes at a time when...

Headless Commerce Startup Fabric Closes $140M Series C Round

February 24, 2022
Headless commerce startup fabric closed a $140 million Series C funding round led by Softbank, with participation from Forerunner Ventures, Glynn Capital and existing investors Redpoint Ventures, Norwest Ventures and...