Sixty percent of millennials like using visual searches when shopping online marketplaces. Meeting that "look, buy, have" way of shopping means using AI to optimize those retail platforms for visual search, as Lihi Pinto Fryman, co-founder of visual AI company Syte, told PYMNTS. In the...
Much has been written about artificial intelligence (AI) as the driver of tools for fraud detection and security. What else can it do, though, especially for online marketplaces? AI is being increasingly focused on visual search and personalization, as this article explains with examples.
Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. These marketplaces also need...
September 09, 2019
Syte, a Tel Aviv startup that is building technology to help retailers and digital platforms sell merchandise through visual search, has raised $21.5 million in a Series B funding round, according to a report by TechCrunch. The funding round was led by Viola Ventures, with Storm Ventures, Commerce Ventures, Axess Ventures and Remagine Ventures all […]
