Key PointsShopify is helping define agentic commerce and looks poised to be a big winner in this area. The company’s core business, meanwhile, continues to demonstrate outstanding growth. Dubbed a potential AI loser earlier this year, Shopify is flipping the script, showing it has the potential to be a big AI winner with agentic commerce. Shopify Catalog structures product information and maps it to a standard product taxonomy (organizing items by shared categories and attributes) that feeds the product data into AI search engines, shopping apps, and agentic storefronts. Or said another way, Shopify is taking billions of products and simplifying them into an AI-ready database.