“A study conducted by a leading market research firm states that global eCommerce sales would almost reach the $5 trillion mark, projected to grow at a 14.3% rate in 2021. In fact, a study reveals that 47% of users would buy via a chatbot.” AI in Retail Marketing and eCommerce
Month: February 2021
Meet Ruth, Nestlé’s New AI-Powered Cookie Coach
“Orchid Bertelsen, head of digital innovation and transformation at Nestlé, said the project was inspired by the inconsistent experience that customers often reported after calling into the company’s customer service line, which is staffed by employees who may not have direct baking experience themselves. ‘Consumers told us she had to sound like a real person,…
13 Common Mistakes That Can Derail Your AI Initiatives
“13 experts from Forbes Technology Council share common mistakes to watch out for when implementing AI. Adopting Too Many Tools At Once Not Having A Clear Objective Not Having A Single Source Of Truth Not Analyzing Enough Data View Full List…” https://www.google.com/amp/s/www.forbes.com/sites/forbestechcouncil/2021/02/24/13-common-mistakes-that-can-derail-your-ai-initiatives/amp/
The 5 things everyone should know about cloud AI, according to a Sequoia Capital partner
“’Cloud is going to become AI,’ he told Insider. ‘I mean, all of the cloud will be based on AI.’ ‘It seems complicated — it seems like magic of some sort, so people get intimidated and awed by it,’ Buhler said. ‘Artificial intelligence is just more and more mathematical computations done rapidly, which at some…
How banks are harnessing artificial intelligence
“Since 2016, Royal Bank of Canada (RBC) has focused on AI through its dedicated research division called Borealis AI. In October 2020, Borealis AI and RBC announced the launch of Aiden, an AI-driven electronic trading platform for institutional investors. ‘For every trade [Aiden] makes, it also justifies why it just did that,’ Agrafioti said. ‘And…