In a move aimed at getting the next 200 million online shoppers to its platform, e-commerce major Flipkart has acquired Liv.ai, an artificial intelligence-led speech recognition startup. The company, however, did not disclose the deal amount. Post the…
Since time immemorial women have been using various aids to enhance their beauty. Between the ancient times and the advancement of scientific techniques, we have seen the phenomenal growth of the beauty and cosmetics business. We have seen the modernisation…
Auto parts maker Hyundai Mobis announced Sunday that it has developed artificial intelligence-based software and a chatbot equipped with a deep learning algorithm to speed up its research in smart car technology. The artificial intelligence-based software is…
AI will soon revolutionise the online grocery shopping experience, according to research released today ahead of next month’s Consumer Goods Forum Global Summit in Singapore. The research, compiled by IGD, is based on a survey of 223 senior industry members…
Alibaba Machine Intelligence Technologies has unveiled an intelligent speech interaction technology aimed at “smart ordering” in cafes and restaurants. The new technology lets buyers order their food item or coffee by speaking to a smart ordering machine. The…
Citi has launched its first natural language chatbot for Facebook Messenger in Singapore ahead of a wider roll out around the world. The bot uses natural language processing to communicate with customers in an intuitive way, addressing their everyday…
JD.com, one of China’s largest e-commerce companies, has launched a new accelerator program called AI Catapult that focuses on blockchain and artificial intelligence startups. Based in Beijing, AI Catapult will start with an inaugural roster of companies that…
Coty, the global beauty company, is to begin a new technology start-up programme which will offer $100,000 in cash prizes for the best pitches involving artificial intelligence (AI) solutions. The digital accelerator start-up programme will ultimately see…
Capillary Technologies on Wednesday announced the raising of approximately $20 million over the past year from its existing investors, including Warburg Pincus and Sequoia Capital. The cloud-based software solutions startup uses artificial intelligence to…
Juniper Research predicts global retailer spending on AI will reach US$7.3 billion a year by 2022, up from an estimated $2 billion for this year. Its report AI in Retail: Disruption, Analysis and Opportunities: 2018-2022 says retailers will heavily invest in…
JD.com is both the largest e-commerce company in China, and the largest Chinese retailer, by revenue. The retailing businesses of the Fung Group are brought together under privately-held Fung Retailing Limited and it is a Hong Kong-headquartered multinational…
Juniper Research predicts global retailer spending on AI will reach US$7.3 billion a year by 2022, up from an estimated $2 billion for this year. Its report AI in Retail: Disruption, Analysis and Opportunities: 2018-2022 says retailers will heavily invest in…
ObEN Inc., an artificial intelligence (AI) company that is building a decentralized AI platform for intelligent avatars, and announced that it has raised $10 million from K11, founded by entrepreneur Adrian Cheng. This strategic funding continues the growth…
Funds that are oriented towards artificial intelligence (AI) and big data are attracting Japanese investors, according to the latest data compiled by QUICK Asset Management Research Center. This happens as popular monthly-distribution trusts are registering a…
An influx of new technology and its impact on the retail sector in recent years has given rise to the use of artificial intelligence, bridging the gap between accruing big data and interpreting it for use as a marketing tool. According to research firm…
Leveraging artificial intelligence (AI) for supply chains is an important next step to lower costs, improve productivity and drive growth by helping businesses reduces time-to-market. There are many opportunities to utilize AI along the chain from buying raw…