“One of the two platforms, nicknamed “Rosie,” achieved an internal rate of return (IRR) of nearly 50% for the first phase of its implementation, according to Elrod. This compares with an IRR for most tech projects at the bank of between 12-15%. The second AI platform, built around IBM’s Watson software (and nicknamed “Reggie,” internally),…
Month: April 2019
10 Ways That Artificial Intelligence Can Improve Your eCommerce Business [Infographic]
How Retailers Like Tencent Are Optimizing Shopper Analytics With Behavioral Heat Mapping
“Innovative retailers have used in-store heatmapping, CCTV, floor sensors and more in order to determine shopper patterns, inform resource planning and ultimately improve the store experience: Tencent YouTu Lab x Intel YouBox is an intelligent analytics framework that retailers can apply to legacy cameras. DeepGaze provides retailers with information about how shoppers move around the…
Artificial Intelligence Takes Over Restaurant Reservations
“Today, Allset is available in 11 areas including San Francisco, the SF Bay Area, New York, Chicago, Boston, Austin, Seattle, Los Angeles, San Jose, Houston and Las Vegas. In the coming weeks, Allset plans to launch in Miami and expand to other cities in the future. ‘We use AI and machine learning. For example, we…
APPLE’S NEW AI CHIEF TAKES ON OVERSIGHT OF SIRI
“Apple listed John Giannandrea on the site as its first Chief of Machine Learning and AI Strategy. He’s in charge of AI and machine learning, a potent type of AI software, across the whole company. Prior to Apple, Giannandrea was a top AI executive at Alphabet’s Google. He joins Apple after several years of complaints…