“AI startup Megvii Technology has filed for a public listing on the Hong Kong stock exchange. The Beijing-based company, known for its facial recognition brand Face++, reportedly plans to raise between $500 million and $1 billion Megvii’s investors include Alibaba, Ant Financial and the Bank of China, and it has a valuation of more than…
Month: August 2019
Ecommerce startup Stylitics closes $15 million Series B funding for AI-driven outfitting and styling platform for retailers
“Founded in 2011 by Rohan Deuskar and Zach Davis, the New York City-based Stylitics is the leading AI-powered visual merchandising technology for retailers and brands, powering their outfitting, styling, and visual merchandising programs across all channels. On average, Stylitics’ outfitting and look-based programs see an increase of 1.8x in conversion rates, a 23% increase in…
What AI is — and isn’t | Sebastian Thrun and Chris Anderson
AI Advantages in Banking Grow, Adding Pressure for Broad Adoption
“In an effort to determine how frontrunners are deploying AI, the Deloitte Center for Financial Services surveyed more than 200 financial services executives who were already using AI technology. Their research identified three key characteristics”…view full article – By Jim Marous, Co-Publisher of The Financial Brand and Owner/Publisher of the Digital Banking Report https://thefinancialbrand.com/87227/banking-artificial-intelligence-ai-analytics-automation-personalization-trends/
Singapore Airlines to offer AI-enabled features to 20m passengers
“In essence, Singapore Airlines can now create a 360-degree view of each customer and optimize its full-funnel multichannel customer experience. Using the latest AI technologies, Insider’s Growth Management Platform will enable Singapore Airlines to deliver highly personalized, meaningful experiences to each individual based on historical, real-time and predictive data.” https://www.thedrum.com/news/2019/08/26/singapore-airlines-offer-ai-enabled-features-20m-passengers