Flipkart to float artificial intelligence unit AIforIndia

After launching its data analytics-driven brand Billion, Indian e-commerce giant Flipkart will create an artificial intelligence unit called AIforIndia to strengthen its business offerings, according to a media report. "We are betting big on the use of AI and machine learning to solve problems at Flipkart. India's problems are unique and we need to apply AI in the ecosystem to solve them. Some of the focus areas for AI in developed countries cannot be applied in India. At Flipkart, we will solve problems differently because the underlying problems (in India) are different," chairman and co-founder Sachin Bansal told Mint.