Image: ALYSSA FOOTE “In 2015, car-and-rocket man Elon Musk joined with influential startup backer Sam Altman to put artificial intelligence on a new, more open course. They cofounded a research institute called OpenAI to make new AI discoveries and give them away for the common good. Now, the institute’s researchers are sufficiently worried by something…
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From virtual assistants to anti-money laundering tech, AI is transforming banking
“PelicanSecure brings together tools that use natural language processing and machine learning to analyse patterns of behaviour to flag up “subtle anomalies” pointing to instances of fraud. Factors like user location, spending patterns and unusual device configuration are all integrated into Pelican’s detection system. Describing the role AI has to play in turning the tide…
Artificial Intelligence Is Transforming Digital Marketing And For Good Reason!
Image Source: Pixabay/Afra32 • “85% of the customer interactions will be managed without any human interaction. (Gartner) • AI technology can help businesses increase the labor productivity by almost 40%. (Accenture) • 83% of businesses who adopted AI technology before everyone else have driven either substantial (30%) or moderate (53%) economic benefits from AI projects….
All eyes on AI!
“The customer impact: AI is zooming in on the shopper experience Computer vision and image recognition are changing the world of retail. At MWC, we will see examples of how cameras can determine what ‘fashion types’ frequent a store, based on peoples’ clothing, gender, age and haircut. The data that is being collected and analyzed…
Levi’s generates more than $220 million in direct ecommerce sales
“Levi’s generated 4% of its revenue through its online stores in 2018 Direct ecommerce revenue grew 18% year over year in 2018, down from 22% in 2017. The brand operates 43 websites in total and drew 180 million visits in 2018. A past example is the “Ask Indigo” bot that used AI to help shoppers…