“US online shoppers spent a record $13.3 billion on Cyber Monday, up 7.3% YoY, per Adobe Analytics. That’s just ahead of the $13.2 billion that Adobe forecast. Consumers spent $15.8 million every minute during the sale’s peak hours, between 8pm and 10pm EST, per Adobe.” Read more >>
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AI Revolutionizes Black Friday Shopping As Online Sales Reach New Heights
“Caila Schwartz, the director of consumer insights at Salesforce, told the outlet, “‘Digital retailers who are using generative AI and agents in their customer service experiences saw a nine percent higher conversion rate compared to those who are not.’ Moreover, Salesforce’s data revealed a 31% annual growth in the utilization of AI-powered online chat services on Black Friday. The firm’s data also showed U.S….
Ai weekly – Dec 1
JPMorgan Chase and Capital One are winning at AI banking — and their lead is getting bigger “‘The leading banks in the index — JPMorgan and Capital One (COF) — are doubling down their efforts,’ Mousavizadeh said in the latest episode of Quartz AI Factor, a new series set at the Nasdaq MarketSite (NDAQ). ‘And that means that…
Ai weekly – Nov 24
Is Al Progress Stuck? | Jennifer Golbeck | TED “Will progress in artificial intelligence continue to accelerate, or have we already hit a plateau? Computer scientist Jennifer Golbeck interrogates some of the most high-profile claims about the promises and pitfalls of Al, cutting through the hype to clarify what’s worth getting excited about – and…
Coca-Cola causes controversy with AI-made ad
“Coca-Cola is facing backlash online over an artificial intelligence-made Christmas promotional video that users are calling “soulless” and “devoid of any actual creativity.” The AI-made video features everything from big red Coca-Cola trucks driving through snowy streets to people smiling in scarves and knitted hats holding Coca-Cola bottles. The video was meant to pay homage to the…