Walmart Labs, the local product development division of US retail giant Walmart has acqui-hired Delaware-based data analytics and machine learning startup Int.Ai, its second acqui-hire in India in three months, as it looks to strengthen its engineering team. In September, Walmart Labs brought the entire team of engineers from Bengaluru-based Appsfly onboard, which built a…
Tag: AI eCommerce
Holiday season is good time to put AI to work for e-commerce
“The US Census Bureau pegs Q2 e-commerce sales at $127.3 billion, an estimated 9.6 percent of all US retail sales in the second quarter of this year On average, consumers spend $114.19 per online order Even early last year, about 25 percent of queries on the Google mobile app and Android devices were by voice….
Artificial Intelligence ‘playing a role in 84% of households this Christmas’ – NetImperative.com
Key findings: Only 20% of people say they would trust AI to help them run their perfect Christmas Day Yet 84% are already planning on using AI-powered technologies this holiday season 70 per cent will use AI-powered ecommerce platforms to do their festive shopping 67 per cent will use AI-powered music or video streaming services…
AI For Mobile: New Solutions To Speed Up Performance – Forbes
“More than 5 billion people around the world have a mobile phone connection, according to a recent study by GSMA Intelligence. We can’t imagine our lives without mobile phones, which are gradually turning from convenient everyday tools into things like medical devices. It’s not surprising that many companies are developing AI tools for mobile devices. But…
Covergirl takes on e-commerce rivals with hi-tech flagship store: ‘We’ve become DTC’
“Inside, the store is equipped with a host of state-of-the-art technology. An AI-powered hologram named ‘Olivia’ greets customers to the store, answering questions and directing shoppers with the help of Google’s conversational Dialogflow platform. Customers can virtually try on makeup simply by picking up a connected product at an AR ‘glam station’, while lipsticks and…