The Amazing Ways Retailer JD.com Uses AI, Big Data & Robotics To Become The Global E-Commerce Leader

Forbes - Tech

Often referred to as the Amazon of China, JD.com started in 1998 as a brick-and-mortar store in Beijing, but it has aspirations to be the world's leading e-commerce retailer. Based on its tremendous growth, it might not take long for the company to get there. Richard Liu, the company's founder, CEO, and chairman, has even gone so far to predict his company won't need humans and said, "I hope my company would be 100% automation someday…no human beings anymore, 100% operated by AI and robots." JD.com and its competitors such as Amazon, Alphabet, Tencent, Alibaba and more are not only racing to be the world's largest e-commerce business but to create the operating system for retail in the future. JD.com is driving business with artificial intelligence, big data, and robotics while building the retail infrastructure for the 4th industrial revolution.


How Chinese Retailer JD.com Uses AI, Big Data & Robotics To Take On Amazon - Critical Future

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Often referred to as the Amazon of China, JD.com started in 1998 as a brick-and-mortar store in Beijing, but it has aspirations to be the world's leading e-commerce retailer. Based on its tremendous growth, it might not take long for the company to get there. Richard Liu, the company's founder, CEO, and chairman, has even gone so far to predict his company won't need humans and said, "I hope my company would be 100% automation someday…no human beings anymore, 100% operated by AI and robots." JD.com and its competitors such as Amazon, Alphabet, Tencent, Alibaba and more are not only racing to be the world's largest e-commerce business but to create the operating system for retail in the future. JD.com is driving business with artificial intelligence, big data, and robotics while building the retail infrastructure for the 4th industrial revolution.


Why Business Leaders Can't Afford to Miss Out on Investing in Artificial Intelligence 7wData

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Without a doubt, artificial intelligence (AI) is causing disruption to every industry, Company, and geography, and its impacts will be greater than those generated by the internet. Every Company has its opportunity to adopt AI in order to increase revenues and decrease costs. But, this is not a time of choice. Like the internet, AI is an imperative. A time will come -- perhaps by 2030 or perhaps sooner -- when every company will see AI spread across their entire organization.


How is Artificial Intelligence Impacting E-Commerce?

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Technology is dominating today for people, to live happily in this world. Here, the impact of technology enables us to see things, the work we do, and the way in which we interact with our surroundings. This is making our lives more convenient as there is a huge inheritance of innovation, giving way to the higher level of growth, amongst business organizations. They evolve their businesses around these modern technological innovations. One of the most recent innovations relate to the sweeping industry is Artificial Intelligence (AI).


Top Artificial Intelligence Funding in December 2019

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The companies that are out there in the market, in order to serve their objectives better, need significant funding. In particular, for startups, fundraising is crucial to harness their rich potential to contribute to the growth of their respective industry and market. Without a funding source, a business, specially technology-business will flounder under the weight of its own debt. With the advancements in technology, the requirements, assets, and liabilities of such firms have grown exponentially in recent years. Amid this, funding works as a fuel on which a business runs and excels. When it comes to technologies like omnipresent AI or artificial intelligence, the pressure naturally increases to thrive in the market where big techs like Google, Microsoft, and significant others are operating.