In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using a combination of AI, computer vision and digital tech, Sam’s Club’s system identifies what’s in a shopping cart, confirming customers have paid for their items without requiring an associate to …
Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence. These models, constructed on extensive datasets of human-generated text, empower machines to comprehend, produce and interact with human language. Their advent has sparked a wave of innovation across various sectors, from technology to healthcare to finance, while triggering discussions about their societal implications. …
Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim to help chief financial officers reinvent financial planning and analysis, optimize operations and fuel growth, the companies said in a Monday (May 6) press release. “Our clients are laser-focused on moving beyond …
What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report Sunday (May 5) by The Verge reviewing those efforts. For example, a team of Apple researchers has been trying to develop a way to use …
Artificial intelligence (AI) is changing how companies train and upskill their employees, offering personalized learning experiences that can reduce costs and improve efficiency. The global AI-in-education market is expected to grow from $3.6 billion in 2023 to around $73.7 billion by 2033, according to a report from Market.US. Despite the impressive forecast, online education company …
It seems that nowadays everyone is becoming an “AI expert” because they have done some prompt engineering or played around with AI tools that help them create music. Everyone now considers themselves to be an AI developer. However, not too long ago, the world of AI users and AI developers and engineers were very different. …
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales — at 4% — was better than some had feared. And …
Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence in its cloud computing division, Amazon Web Services (AWS). The eCommerce giant’s net sales increased 13% year-over-year to $143.3 billion, while operating income jumped to $15.3 billion from $4.8 billion in the …
Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer service and fraud detection. “Generative AI has the power to transform how businesses and organizations operate — serving as a force-multiplier to improve efficiencies and …
Small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth. That’s because, with 2024’s National Small Business Week already on day two, the ways in which embracing next-generation innovations can help their businesses drive competitiveness, become more efficient and make better decisions is top of mind for America’s 33 million small businesses. While …