“According to IDC, the global AI market is poised to break the $500 billion mark by 2024. Louis Vuitton uses facial recognition within the Baidu ecommerce platform to match consumers with fragrances. Discount supermarket chain, Lidl, uses NLP in its conversational chatbot Margot on Facebook Messenger. Margot helps shoppers get the best out of its…
Tag: AI
AI is blurring the lines between in-store retail and ecommerce
“There is so much opportunity now to marry media, social, gaming, and shopping. The whole categorization of companies between retail, marketplace, and media is going to get upended, and a lot of the parts of that disruption machine are powered by AI.” https://www.google.com/amp/s/techwireasia.com/amp/2021/05/ai-is-blurring-the-lines-between-in-store-retail-and-ecommerce/
AI in a post-pandemic economy
“The AI in a Post-COVID-19 World report by GBSN Research recently found that three-quarters of business leaders have a positive outlook on AI and expect it will not only make processes more efficient but will also help create new products, services, and business models. This is backed up by another report from management solutions provider…
Indy 500 attendees can shop and go at autonomous pop-up
“A computer vision-enabled ‘NanoStore’ is speeding up the process of purchasing snacks, beverages and merchandise at this year’s Indianapolis 500 auto race. Artificial intelligence (AI)-based autonomous technology provider AiFi is partnering with Verizon Business and Penske Entertainment to operate a customizable, portable “NanoStore” at the 2021 Indianapolis 500. The currently open pop-up store uses AiFi…
How Nvidia plans to own the data center with AI – SiliconANGLE
“Nvidia Corp. wants to transform enterprise computing completely by making data centers run 10 times faster at one-10th the cost. There is only a handful of megaclouds, but there are lots of data centers. Even though the number of data centers worldwide is consolidating, there are still more than 7 million, according to IDC.” https://siliconangle.com/2021/05/29/nvidia-plans-data-center-ai/