“The customer draws the AI roadmap at American Express (Amex), at least according to two of the company’s top AI leaders. ‘We were looking to apply machine learning and advanced analytics to create frictionless and seamless customer experiences.’ Contextual search is rising as a use case for natural language processing (NLP), which is booming overall….
Tag: AI
Amazon brings cashierless tech to full-size grocery store for first time at new Seattle-area location
“Amazon’s newest physical grocery store opening in the Seattle area this week is unique as it will feature the company’s “Just Walk Out” cashierless technology. It’s the first time the tech has come to a full-size store and marks a milestone for Amazon given the cost and complexity of implementing such a system.” https://www.google.com/amp/s/www.geekwire.com/2021/amazon-brings-cashierless-tech-full-size-grocery-store-first-time-new-seattle-area-location/amp/
Andrew Ng To Kickstart A New Generation Of AI
“Nearly 90 percent of ML models built globally are never brought to light, primarily because they cannot adjust to the variety of information available in real-world applications. The solution Andrew Ng has proposed is to put aside the architecture of an AI model and focus on what it is working with, i.e. the data. By…
AI Weekly: AI helps companies design physical products
“While it’s still in the research stages, MIT’s Computer Science and Artificial Intelligence Laboratory developed an AI-powered tool called LaserFactory that can print fully functional robots and drones. At Renault, engineers are leveraging AI-powered software created by Siemens Digital Industries Software to automate the design of automated manual transmission (AMT) systems in cars. Even Nutella…
AI-based loan apps are booming in India, but some borrowers miss out
“Hundreds of mobile lending apps have mushroomed in India as smartphone use surged and the government encouraged digitization in banking, with financial technology (fintech) firms rushing to fill the gap in access to loans. Globally, about 1.7 billion people do not have a bank account Authorities have backed the use of AI for creating credit…