Artificial Intelligence (ai) blog to help eCommerce professionals connect and innovate.
– “Along with the 7.5% stake in TikTok Global, Walmart will provide “ecommerce, fulfillment, payments and other omnichannel services to TikTok Global.”
– Walmart CEO Doug McMillon will be one of the five board members of the newly created company.
– The plan is to bring TikTok public in the US “within the next year.”
– The move to make TikTok’s US operations independent will create 25,000 jobs.
TikTok Global will pay more than $5 billion in taxes to the US Treasury.”
How Leading Retailers and Direct-to-Consumer Brands Are Investing in Digital
“All that sets up Tuesday’s principal announcements, with which Oracle doubled down on its commitment to put AI at the center of its self-driving solution strategy. The focus of these latest announcements was on self-driving in a user-centric sense: using AI to tune the data-driven recommendations through which digital assistants — a.k.a. “chatbots” — help people make the right decisions under changing circumstances.
Specifically, the company today announced the general availability of Oracle Digital Assistant, a capability that it had demonstrated publicly this past February. Within its cloud application portfolio, the newly available Oracle Digital Assistant enables companies to build personalized chatbots that help employees work smarter and more productively.”