AMAZON: Has opened an AI-powered convenience store in Seattle. The premise of Amazon Go is simple: to eliminate everyone's least-favorite part of the shopping experience, checking out. With ceiling-mounted sensors and cameras backed by artificial intelligence, Amazon is able to track every interaction a customer has with a product. It knows exactly when a product is picked up or put back. Go works like a physical manifestation of Amazon's 1-Click checkout, where you "click" by taking an item off a shelf.
From Google and Amazon to Apple and Microsoft, every major tech company is dedicating resources to breakthroughs in artificial intelligence. Personal assistants like Siri and Alexa have made AI a part of our daily lives. Meanwhile, revolutionary breakthroughs like self-driving cars may not be the norm, but are certainly within reach. As the big guys scramble to infuse their products with artificial intelligence, other companies are hard at work developing their own intelligent technology and services. Here are 32 artificial intelligence companies and AI startups you may not know today, but you will tomorrow.
Digital technologies are creating value and rearranging roles in the travel industry. Here's how industry leaders are profiting from the change. Over the past 20 years, advances in digital technologies have driven numerous innovations and disruptions in the travel industry. These technologies and the companies that offer them have rearranged the industry, leaving some players behind--travel agents, for example--while introducing more complexity into the value chain between travelers and destinations. More recently, mobile technologies have taken center stage as consumer behavior shifts with astonishing speed toward researching and booking travel through smartphones.
Artificial intelligence has given the world of banking and the financial industry as a whole a way to meet the demands of customers who want smarter, more convenient, safer ways to access, spend, save and invest their money. We've put together a rundown of how AI is being used in finance and the companies leading the way. A recent study found 77% of consumers preferred paying with a debit or credit card compared to only 12% who favored cash. But easier payment options isn't the only reason the availability of credit is important to consumers. Having good credit aids in receiving favorable financing options, landing jobs and renting an apartment, to name a few examples.