“An Arkansas bank, known a the First National Bank of Wynne, recently reported a 70% reduction in the amount it costs them to convert leads into customers after they adopted a strategy that relied on artificial intelligent chatbots to deal with customers interested in their services. Ceba, an AI-driven chat bot developed by the Commonwealth…
Tag: artificial intelligence
Microsoft Partners With Fintech Startup ZestFinance To Bring Transparency To AI-Powered Financial Models
“Microsoft said Wednesday that it is entering a strategic partnership with financial technology startup ZestFinance to make it easier for its financial services customers to adopt AI and machine learning tools. The answer we get with deep learning might be accurate, but in the case of credit applications, that isn’t enough.” What Zest does is…
5 key areas where Indian retailers can leverage AI – IndianRetailer.com
“Artificial Intelligence is taking over retail and has been used across the entire product and service cycle. Supply chain Flipkart which was acquired by US retail giant Walmart this year is using machine learning (ML) to arrive at a structured address classification system for order deliveries, The ML solution classifies and resolves inconsistencies with a…
Flyzoo Hotel – the world’s first future hotel open
“Flyzoo Hotel, which is Chinese ecommerce and media giant Alibaba Group’s first future hotel, opened today in Qinchengli, a shopping center owned by Alibaba, in Hangzhou, Zhejiang Province. As the first hotel with a full panorama and large-scale use of artificial intelligence (AI) in the world, Flyzoo Hotel provides customers service through its intelligent experience…
Amazon’s Cloud arm helping Indian businesses drive innovation via AI, ML
“Amazon Rekognition APIs (application programming interface), particularly ‘DetectFaces’, provide rich image metadata that we can use to apply our business-specific quality guidelines to. Utilising information such as number of faces, size of faces, and estimated age range, we were able to remove photo-level manual curation work entirely,” said Sumesh Menon, Co-Founder of Woo. Manaktala said…