Riverbed, the leader in AI Observability, recently unveiled the findings of its 2024 Global AI & Digital Experience Survey focused on the Retail sector. The survey revealed that retail organizations are increasingly prioritizing AI to enhance digital experiences and stay competitive. While AI adoption is seen as critical for improving customer service, operational efficiency, and personalization, significant challenges remain, particularly around data quality and scalability. This article dives into the survey’s key findings and insights from retail leaders on AI’s role in shaping the industry.
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PlayAI, a cutting-edge voice AI platform, has raised $21 million in a Seed funding round led by Kindred Ventures and 500 Global, with contributions from prominent investors like Race Capital, Y Combinator, and others. The funding will enhance PlayAI's generative AI voice models, voice agent platform, and accelerate businesses' ability to create human-like speech experiences.
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Denodo, a leader in data management, has unveiled Denodo Platform 9.1, which builds upon the capabilities introduced in Denodo Platform 9 released earlier this year. With this new release, Denodo has significantly advanced its AI-powered features, enabling organizations to leverage Generative AI (GenAI) and retrieval-augmented generation (RAG) for more efficient data management, insights, and automation. Key highlights of Denodo Platform 9.1 include the introduction of the Denodo Assistant and a new AI SDK, transforming the way businesses integrate and interact with their data.
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Veritone, Inc., a leader in enterprise AI solutions, has announced the launch of the Veritone Data Refinery (VDR). This cutting-edge platform empowers organizations to convert vast amounts of unstructured data into structured, AI-ready datasets. Leveraging Veritone’s proprietary aiWARE™ platform, VDR is set to revolutionize how businesses prepare and manage their video, audio, and text data for training advanced AI models while unlocking significant monetization opportunities.
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H2O.ai, a leader in open-source generative AI and predictive AI platforms, has partnered with Dell Technologies to deliver validated generative and predictive AI solutions via the Dell AI Factory with NVIDIA. This collaboration offers enterprises an out-of-the-box platform for deploying scalable and cost-efficient AI applications. With built-in agentic AI and multimodal retrieval-augmented generation (RAG) capabilities, businesses can innovate faster while maintaining strict data privacy and reducing dependency on cloud infrastructure.
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Numenta Inc. is redefining the future of artificial intelligence with its ambitious Thousand Brains Project, designed to address the current limitations of deep learning. This project leverages the Thousand Brains Theory, offering a brain-based approach to AI by mimicking the principles of the human neocortex.
After years of intensive research, Numenta is now launching an open-source sensorimotor learning framework to foster global collaboration and innovation.
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In 2024, the AI landscape has matured significantly, with countless AI applications scaling up from experimental projects to fully-fledged production systems. This shift has brought new challenges for developers, as traditional tools often fall short in managing, optimizing, and scaling AI deployments effectively. Addressing this gap, Statsig and Microsoft Azure have launched a groundbreaking integration, offering developers a seamless toolkit to configure, implement, and optimize AI models within production environments.
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Snowflake (NYSE: SNOW), a leader in AI-driven data cloud solutions, has entered a strategic multi-year partnership with Anthropic, a pioneer in AI safety and research. This collaboration introduces Anthropic's Claude 3.5 models into Snowflake Cortex AI, enabling enterprises to seamlessly develop, scale, and deploy advanced AI-powered applications and workflows within their secure data ecosystems.
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PwC has unveiled its first Google Cloud AI Experience Zone at the US Acceleration Center in Bengaluru, India, with planned openings in Boston, MA, and San Francisco, CA. These cutting-edge hubs provide hands-on exposure to advanced AI solutions powered by Google Cloud, such as Gemini models and Vertex AI, enabling clients to explore transformative technologies and their real-world applications.
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