“The ability to quickly create ads is crucial for a merchant like TechStyle given that its product catalog is regularly changing. Now, roughly 30% of the retailer’s ads are created via the Smartly.io platform. That’s helped boost the retailer’s click-through rate on Facebook ads to nearly 1.0%, roughly double its previous 0.5% rate.” https://www.google.com/amp/s/www.digitalcommerce360.com/2019/02/19/why-ai-plays-a-role-in-about-30-of-techstyles-facebook-ads/amp/
Tag: Facebook
3 things we learned from Facebook’s AI chief about the future of artificial intelligence
Facebook’s chief AI scientist Yann LeCun “The International Data Corporation indicates global spending on AI systems is expected to hit $US77.6 billion in 2022, more than tripling the $US24 billion forecast for 2018. A key element in advancing the field of artificial intelligence, particularly when it comes to deep learning, will be ensuring that there’s…
The Deep Learning Framework Backed By Facebook Is Getting Industry’s Attention
Neural NetworksSOURCE: PIXABAY “When it comes to deep learning frameworks, TensorFlow is one of the most preferred toolkits. However, one framework that is fast becoming the favorite of developers and data scientists is PyTorch. PyTorch is an open source project from Facebook which is used extensively within the company. PyTorch focuses on simplicity and accessibility….
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…
Facebook backs Institute for Ethics in Artificial Intelligence with $7.5 million
“Facebook will donate $7.5 million for the creation of The Institute for Ethics in Artificial Intelligence, a research center being made to explore topics such as transparency and accountability in medical treatment and human rights in human-AI interaction. The announcement was made today during a speech by COO Sheryl Sandberg at the Digital Life Design (DLD) conference…