“Every conceivable optimization opportunity has some form of machine learning applied to it,” said Srikanth Thirumalai, who leads search at Amazon. He’s worked at Amazon since 2005, and since day one has been centered on using artificial intelligence techniques to make products more discoverable, and shopping more pleasant. His very first project was identifying duplicate…
Tag: AI
More than a billion dollars a quarter of gross sales are brought in by AI
“Food delivery has become a $100 billion-plus market. Uber Eats is the fastest growing U.S. meal delivery service, posting a $6 billion bookings run rate within just four years of getting started, according to Uber CEO Dara Khosrowshahi. In 15 major U.S. cities, Eats has surpassed GrubHub, previously the unchallenged delivery leader. Why isn’t anyone talking about it? It…
Stakeholder involvement with AI is low
“A survey from Globant has revealed a lack of organisational and stakeholder participation in conversations about AI. Key findings include: 48% of CEOs are involved in conversations about AI, while only 24% of CTOs and 22% of CIOs are involved in these conversations. 33% of department leads are involved in conversations about AI internally. Only 16% of…
One-in-three Facebook users now visit Marketplace every month – mediapost.com
“Stateside, more than one-in-three Facebook users now visit Marketplace every month, according to internal figure. That’s impressive, considering the service has only been around sine 2016. The company is leveraging AI for price range suggestions and auto-categorization…Marketplace will now suggest that he set a particular price range, based on previous sword sales. The system will…
90% of retailers expect to have AI within five years
“A new report from VoucherCodes.co.uk and WBR Insights has revealed that over 90% of retailers expect to have Artificial Intelligence (AI) or virtual assistant technology operating in-store and online within the next five years. In a report interviewing 200 senior executives at major UK and French retailers, VoucherCodes.co.uk has revealed that retailers are investing in…