“Deloitte asked enterprises to identify their top AI initiatives to increase competitive advantage. Modernizing the data infrastructure for AI came first with 20%, followed by gaining access to the newest and best AI technologies at 19%. Other top choices included utilizing cloud-based AI services and capabilities (17%), deploying data science and AI development platforms (16%),…
Month: July 2020
Chipotle Launches eCommerce Platform as Virtual Farmers’ Market
“Through individualized online marketplaces, Chipotle seeks to empower suppliers to sell farm products directly to consumers across the country. The company is assisting in the development of each supplier’s site, which is built on Shopify, covering hosting fees on Shopify for two years and supporting the design and development of the direct-to-consumer storefronts. The Chipotle…
How Chase is using AI to update banking
“Chase now investing more than $11 billion each year on the technology side of its business. Last year, Chase inked a five-year deal with Persado, a platform that leverages AI to personalize marketing messages, with Chase chief marketing officer Kristin Lemkau saying at the time that ‘machine learning is the path to more humanity in…
Brands Are Looking Into AI, Deep Learning, And — Yes — Outdoor Advertising
“With the pandemic fast-tracking digital transformation with brands, interest in artificial intelligence (AI), particularly “Artificial Intelligence for IT Operations (AIOps),” has been on a steady rise since mid-May (see above). The key is finding a balance between cautious risk-taking and proven marketing tactics. The common denominator is, as always, data: applying it quickly, thoughtfully, and…
Led by ex-AWS AI exec, Abacus.AI raises $13M to automate neural network creation – SiliconANGLE
“Abacus.AI’s expert AI engines use use-case specific neural architecture search to find the best neural network for a problem based on the training dataset,” Reddy told SiliconANGLE. “When training data is not sufficient … Abacus.AI uses generative modeling to augment the customer dataset with synthetic data.” https://siliconangle.com/2020/07/14/led-ex-aws-ai-exec-abacus-ai-raises-13m-automate-neural-network-creation/