With its breakthrough generative AI technology, Nextech3D.ai is poised to revolutionize 3D modeling applications, particularly in the fast-growing e-commerce industry, and emerge as a leader. The recent advent of ChatGPT, a sophisticated chatbot and trained language model, revolutionized the world of AI, bringing its vast potential and attention to the collective forefront of users and investors. AI-powered product offerings explicitly focused on 3D modeling for e-commerce serve a massive Total Addressable Market (TAM) and Serviceable Addressable Market (SAM). The estimated market size of the 3D modeling for e-commerce space is around $100 billion within the $5.5 trillion global e-commerce industry. With its suite of innovative products, Nextech3D.ai is already a preferred 3D model supplier for the e-commerce behemoth Amazon's private label products.

Vanya Gambhir, COO, KhojdealBy Vanya Gambhir Digital is the new face of organisations and the driving force behind their transformation. The pace at which digital has been reshaping the playing field, organisations and their people might face issues fully embracing such fundamental changes. Today, digital transformation and its implications on HR is no longer a niche subject. Having taken roots deep inside organisations, it requires developing new ways to influence core operating models and their designs. The e-commerce landscape, however, needs a boost in automation and the implementation of artificial intelligence.

As the number of e-commerce customers is rising, so are the instances of consumer frauds, causing huge loss to online retailers. But, the founders of Gurugram-based start-up ThirdWatch Data Pvt Ltd say their fraud analytics product is bringing down frauds by 30-40 per cent since its launch in December 2017. In recent times, arrests have been made in Hyderabad and Rajasthan for defrauding Flipkart of products worth a few lakhs. Amazon India too has faced consumer frauds. Shashank Agarwal, Co-founder, ThirdWatch, said customer frauds can happen at two levels -- return to origin (RTO) and abuse of promo codes.

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers hours before appearing on Business Insider. To be the first to know, please click here. Chinese internet search giant Baidu credited its solid revenue growth in Q4 2017 to its mobile and artificial intelligence (AI) businesses, according to the company's earnings report. Revenue for the quarter jumped 29% year-over-year (YoY) to reach 23.6 billion yuan ($3.7 billion). In 2017, Baidu refined its focus and began restructuring its resources, shifting them from less profitable ventures to emerging segments such as AI, big data, cloud, and mobile, according to Baidu CEO Robin Yanhong Li.

This is a preview of a research report bundle from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. AI is the future of technology. Elon Musk and Mark Zuckerberg have even publicly debated whether or not that will turn out to be a good thing. Voice assistants like Apple's Siri and Amazon's Alexa have become more and more prominent in our lives, and that will only increase as they learn more skills.

This is a preview of a research report bundle from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. AI is the future of technology. Elon Musk and Mark Zuckerberg have even publicly debated whether or not that will turn out to be a good thing. Voice assistants like Apple's Siri and Amazon's Alexa have become more and more prominent in our lives, and that will only increase as they learn more skills.

This is a preview of a research report bundle from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. AI is the future of technology. Elon Musk and Mark Zuckerberg have even publicly debated whether or not that will turn out to be a good thing. Voice assistants like Apple's Siri and Amazon's Alexa have become more and more prominent in our lives, and that will only increase as they learn more skills.

Business Intelligence is one of the oldest concepts in data processing. Though it was first coined by Richard Millar Devens in 1865 in the Cyclopædia of Commercial and Business Anecdotes, mining transactional data for business insights has been popular since the 90s. Today, Business Intelligence tools are systems that enable companies to collect, store, access, and analyse enterprise data to allow for efficient decision-making and strategic predictive intelligence for planning. Businesses can also leverage predictive models to help detect patterns in transactional and historical data in order to identify risks and take advantage of the opportune potential of different aspects of machine learning. In the 1990s, the BI business flourished when improved and powerful graphics on PCs entered the market and it became a $17 Bn industry last year.