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Applications of Artificial Intelligence (AI) in business

Hacker Earth Developers Blog

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Improvement in machine learning (ML) algorithms—due to the availability of large amounts of data. The post Applications of Artificial Intelligence (AI) in business appeared first on HackerEarth Blog.

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Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever

TechCrunch

One company working to serve that need, Socure — which uses AI and machine learning to verify identities — announced Tuesday that it has raised $100 million in a Series D funding round at a $1.3 billion valuation. Given how much of our lives have shifted online, it’s no surprise that the U.S. Which neobanks will rise or fall?

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Ocurate raises $3.5M to show customer lifetime value for B2C companies

TechCrunch

Ocurate , a startup using artificial intelligence to predict customer lifetime value for e-commerce businesses, took in an oversubscribed seed round of $3.5 Tobi Konitzer, founder and CEO of Ocurate, founded the company in July to establish lifetime value as an organizing principle for business-to-consumer companies.

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It’s OK to not love AI. But you should care about how it can help your people

CIO

It found that [a]reas with lower educational attainment showed somewhat higher LLM adoption rates in consumer complaints. Think about the day-to-day operation of a large B2C company in the United States. It looks to be giving a hand to people who need one already. ChatGPTs response to this bare-bones question wasnt bad.

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Henkel embraces gen AI as enabler and strategic disruptor

CIO

Its industrial B2B arm focuses on adhesives technologies, like Loctite, while its B2C consumer goods arm owns brands such as Dial and Purex. At the time, the team was focusing on traditional AI, using machine learning capabilities to build a recommendation engine that could help end users perform TPO on the fly. “In

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Krisp nearly triples fundraise with $9M expansion after blockbuster 2020

TechCrunch

Krisp , a startup that uses machine learning to remove background noise from audio in real time, has raised $9M as an extension of its $5M A round announced last summer. The extra money followed big traction in 2020 for the Armenian company, which grew its customers and revenue by more than an order of magnitude. Image Credits: Krisp.

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Motosumo scores $6M to spin up a challenge to Peloton

TechCrunch

But it’s now set to ramp up it B2C business, seizing the opportunity to build at home fitness business as the coronavirus pandemic continues to make life challenging for traditional gyms. “We’ve recently made the move to our B2C offering (Motosumo),” CEO Kresten Juel Jensen tells TechCrunch.

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