Amazon reveals how it’s using AI to transform the retail experience

  • “ today showcased the multiple ways in which artificial intelligence-based machine learning and computer vision algorithms are being combined with synthetic data to improve key retail automation technologies such as Just Walk Out, Amazon One and Amazon Dash Cart.
  • AI also helps to provide better customer recommendations. For instance, shoppers at Amazon Style, the company’s physical apparel store, will be treated to a diverse list of recommended items based on the products they scan as they peruse the shop floor.
  • None of this would be possible without the use of synthetic data, though. As Kumar explained, Amazon was challenged by the lack of diverse training data needed to train these algorithms. To compensate, Amazon’s researchers set about building massive sets of synthetic, or machine-generated photorealistic data, that could be used to perfect its algorithms.”

Cyber Monday hits sales high for 2021, with one in three shoppers buying online

  • “People looking to scoop up Cyber Monday deals spent 1.4% less this year than last, according to the Adobe Digital Economy Index, with online sales in the US on Monday totaling $10.7 billion. Salesforce had a different result for Cyber Monday, saying sales rose 3% from 2020 to $12.3 billion this year.
  • Salesforce said spending was up 4% from last year for the full week leading up to Cyber Monday, hitting $61 billion.
  • Amazon, the country’s largest online retailer, didn’t provide any sales figures, but said it was the company’s ‘biggest kickoff to the holiday shopping season ever.’”

Amazon unveils ‘science fiction’ robot that can patrol homes

“Amazon is launching Astro, its first household robot, powered by its Alexa smart home technology. The company said it can be remote-controlled when not at home, to check on pets, people, or home security. It can also patrol a home automatically and send owners a notification if it detects something unusual.”

Amazon tests its “Just Walk Out” shopping tech at two Whole Foods stores | ZDNet

  • “The system uses computer vision, sensor fusion and deep learning to eliminate checkout lines. Upon entering a Whole Foods store, customers will have three ways to begin using the “Just Walk Out” system — they can scan the QR code in the Whole Foods Market or Amazon app, hover their palm using Amazon One, or insert a credit or debit card linked to their Amazon account.”