“Three out of four executives believe that if they don’t scale AI in the next five years, they risk going out of business entirely. To fix this, we offer a radical solution: Kill the proof of concept. Go right to scale. We came to this solution after surveying 1,500 C-suite executives across 16 industries in…
Month: April 2020
AI Holds Answers For Retail’s Post-COVID Future
“Based out of London and New York, EDITED is among those bringing AI to retail data, and plans to expand to the U.S. The company’s retail decisioning platform compiles data from eCommerce websites, its clients and publicly available data. If data is the new oil for retail competition, AI is the jet fuel. And if…
Fairplay thinks it can give an edge to e-commerce startups—it sure has the money, offers over US$3 million
“The Mexican revenue-based financing platform has announced that, as of this week, it will make available to small and medium sized-enterprises (SMEs) in e-commerce a fund of MXN$75 million—that’s over US$3 million. Mexico is the second largest e-commerce market in the region. The country makes up 30 percent of online sales in all of Latin…
OakNorth: The Agile Bank Getting Money To Small Businesses In The Coronavirus Crisis
“The first step OakNorth Bank took when the Coronavirus began to appear in the U.K. was to review its entire loan book and run reverse stress tests to determine which of the businesses in its portfolio were the most vulnerable. Instead of making assumptions about entire sectors, it assessed the risk of each individual business…
Ten Famous Quotes About Artificial Intelligence
“AI DOESN’T HAVE TO BE EVIL TO DESTROY HUMANITY – IF AI HAS A GOAL AND HUMANITY JUST HAPPENS TO COME IN THE WAY, IT WILL DESTROY HUMANITY AS A MATTER OF COURSE WITHOUT EVEN THINKING ABOUT IT, NO HARD FEELINGS.”Elon Musk, Technology Entrepreneur, and Investor. “THE COMING ERA OF ARTIFICIAL INTELLIGENCE WILL NOT BE…