“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…
Tag: AI
Walmart turns to Flipkart for tech
“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…
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…
40% to 45% Savings from AI-enabled translation services
“Christian Arno, founder and president of Edinburgh-based Lingo24, said that the use of AI was also reducing the time it takes to get products to market by 75%.” “Arno points to the time and costs savings made for clients when it comes to creating product catalogues. A typical catalogue might contain 50,000 products, with around…
Scout – New ai Shopping App from Amazon
“Amazon hasn’t started promoting the site yet, but CNBC first reported on it this week, followed closely by Business Insider. The company is using its proprietary machine learning technology to absorb customers’ preferences — shoppers can like (thumbs up) or dislike (thumbs down) — and Amazon’s artificial intelligence responds by showing other products based on their…