“In fact, Flipkart’s AI for India initiative was run by Sachin, who moved out of Flipkart right after the acquisition by Walmart. Flipkart already has more than 50 data scientists and is training another 100 of them. Hiring, too, is on. It is expected to have more than 250 data scientists and AI experts in…
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47.3 million Americans now have access to a smart speaker
“According to a recent study by Voicebot.ai, 47.3 million Americans, or nearly one in five, now have access to a smart speaker. That’s a lot of people asking voice assistants for directions, recipes, jokes, music and, increasingly, to make purchases. Of those 47 million who own smart speakers, 57% have made a purchase using that…
Bots to cut $8 billion by 2022
Image credit: Wutthichai Luemuang/EyeEm | Getty Images “Businesses utilizing chatbot technology today have likely done so for two main reasons: to enhance the customer experience and save money. Juniper Research projects that bots will cut business expenses by as much as $8 billion by 2022; without a doubt, this technology will have a huge impact for…
Spend of $1 trillion by 2021
“The cybersecurity market is now worth $120 billion, according to 2018 research, a roughly 13,500 percent increase compared to a decade earlier. What’s more, spending is expected to increase to $1 trillion by 2021 as companies invest in emerging prevention solutions. In fact, more are already turning to artificial intelligence, data analytics, machine learning and…
Forbes: The Impact Of 3,000 Amazon ‘Go’ Stores Will Be Massive
“Several days ago, Bloomberg reported that Amazon is considering opening up 3,000 Amazon Go convenience stores by 2021. If you’re not familiar with Amazon Go, here’s how it works: you download an app to your smartphone, hold the app over a scanner when you enter the Amazon Go store and that’s it — anything you…