If you find chat bots unhelpful or holding for customer service reps a drag, don’t feel bad. It’s a natural human reaction — the kind of human reaction better handled by automated voice assistants powered by artificial intelligence (AI) that are smart, fast and far...
As financial technology firms grow from startups into a core part of the financial industry, the already high use of algorithm-based artificial intelligence (AI) is growing. And it’s not just finance. In a January 2021 report, auditing and professional services firm PwC found that 86%...
In 2016 and 2017, chatbots were seen as one of the most important additions to the digital ecosystem, with some experts predicting that they would transform eCommerce, replace apps and save shopping malls, among myriad other capabilities. But lackluster artificial intelligence (AI) led most companies...
Since acquiring and integrating Open Dining two years ago, guest experience platform Paytronix has been working to enhance guest loyalty for restaurants by leveraging artificial intelligence (AI) to improve its Order & Delivery solution. See also: Paytronix’s Open Dining Buy Unlocks Restaurants’ Digital Front Doors...
Shopping optimization platform Fast Simon, formerly InstantSearch+, on Monday (Oct. 18) launched the AI Visual Discovery Suite, which lets shoppers use images from their smartphones, Instagram accounts or store catalogs to get instant matching results in one click. Visual Discovery automatically identifies all objects in...
The U.S. Commerce Department is forming an artificial intelligence (AI) committee that will work alongside the National AI Initiative Office (NAIIO) in the White House Office of Science and Technology Policy (OSTP) and advise the president and federal departments about pertinent issues. U.S. Secretary of...
Tesla’s AI Day event included a surprise announcement about an upcoming humanoid bot powered by the car’s autonomous fleet technology, CNET and other news outlets reported on Friday (Aug. 20). Join us to build the future of AI → https://t.co/Gdd4MNet6q pic.twitter.com/86cXMVnJ59 — Tesla (@Tesla) August 20,...
The artificial intelligence (AI) market is booming these days, with companies forecasted to spend hundreds of billions of dollars on AI solutions for a more digitally focused world. Revenue for the market is expected to grow 15.2 percent year over year in 2021, which will...
New legislation in Europe aimed at regulating the use of artificial intelligence (AI) could cost the region’s economy $36 billion (or 31 billion euros) over the next five years, a report from the Center for Data Innovation concludes. The law in question is the European...
