“Envestnet | Yodlee, the data aggregator and analytics provider, announced last week that it has acquired conversational banking software startup Abe AI. The Abe AI technology was apparently already incorporated into some of Yodlee’s APIs and banking solutions and will be added to Envestnet’s wealth management offerings in the future. The announcement summarizes the benefits for Yodlee’s…
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What Will Drive AI Adoption In The Coming Year?
Image credit: Shutterstock “According to the study, the number of enterprises implementing AI grew 270 percent in the past four years and tripled in the past year alone. Kosta Popov is the founder and CEO of Cappasity. He points out that as business decision-making becomes steadily more data-driven, demand for measurable metrics is higher than…
Putting AI smarts behind multichannel product data
“It’s for sure not the sexiest topic, but product information management software, or PIM, is becoming more top of mind with B2B companies. “To keep up with digital transformation,” he adds, many businesses today must send 10 times as many product descriptions to 10 times as many places as they had in the recent past…
Zoovu raises $14 million for AI-driven ecommerce experiences
“Conversational interfaces are still a thing, despite what some pundits say. The global market is expected to reach $1.23 billion by 2025, according to a report by Grand View Research — a compounded annual growth rate of 24.3 percent. And in a recent Oracle survey…80 percent said they already used chatbots or planned to use…
Facebook’s Artificial Intelligence Grows With Acquisition of Visual Shopping Startup GrokStyle
“Facebook said it acquired visual shopping and artificial intelligence startup GrokStyle in a move to bolster the social-media company’s own AI work. GrokStyle’s technology, which was integrated into Ikea’s mobile app, was simple in practice. A user takes a picture of a piece of furniture and the technology would match it to similar products that…