“London-based menswear ecommerce startup Thread has set out to make styling much easier for male consumers and just received 3 million dollars from H&M to do so. The H&M Group’s investment arm, H&M CO:LAB has funded many innovative fashion startups that focus on technological or sustainable initiatives, such as Aday and Worn Again.” https://www.google.com/amp/s/fashionunited.uk/news/fashion/h-m-invests-in-ai-ecommerce-site/2018101739502/amp
Month: October 2018
Deep learning and local maximums for recommendation engines
I wouldn’t consider this “light reading” but it’s super interesting to understand and consider. “The clearest example of how that works is the increasingly ubiquitous recommendation engine. Almost every ecommerce site now lists other products that a visitor might be interested in while looking at an individual product. Figuring that those recommendations is an optimization…
eCommerce and Department Store Productivity
“As is clear from the chart above, online shopping is shattering ceilings. And the disruption runs deeper than productivity, says Stern’s Kleinberger. Big-box stores also aren’t aligned with how younger consumers shop, he says. In a March 2017 eMarketer survey, 78% of 18-29 year-olds said they prefer to shop online. Online shopping has only 9% of the overall…
MIT has just announced a $1 billion plan to create a new college for AI
“One of the birthplaces of artificial intelligence, MIT, has announced a bold plan to reshape its academic program around the technology. With $1 billion in funding, MIT will create a new college that combines AI, machine learning, and data science with other academic disciplines. It is the largest financial investment in AI by any US academic institution to date.” https://www.technologyreview.com/the-download/612293/mit-has-just-announced-a-1-billion-plan-to-create-a-new-college-for-ai/
CB Insights AI 100 for 2018
“The AI 100 recognizes the teams and technologies that are successfully using AI to solve big challenges…Last year’s AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went on to raise additional funding nearing $2B and 5 were acquired.” Full list: https://www.cbinsights.com/research-ai-100