Tag: AI

Bots Got you Covered as AI disrupts Insurance

For long, insurance firms have been relying on traditional virtual assistants. But with the advent of improved analytics, insurance technology startups (better known as Insurtech)are paving way for smarter and more innovative platforms.

World Economy28 October

AI could provide solutions for climate change

It takes approximately 40 minutes for 82,944 processors on the world’s fastest computer to compute what one percent of our brain calculates in a second. Despite this lag, AI has more promising solutions than humans when it […]

Technology17 August

Can the Retail Industry go Fully-AI after ‘Amazon Go’?

In the heart of downtown Seattle lies Amazon Go — a store concept that grabbed headlines after its beta phase opened to the public this year. Its concept could mean that the retail industry could slowly be powered […]

Technology16 August

Wall Street looks towards Silicon Valley for automation

Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach. A July 2016 report by CB Insights showed that 41 startups may be introducing AI to fintech. Of the […]

Technology3 August

AI intervenes to bring down suicide rates

While a reliable method to accurately identify suicidal patients is missing from medical literature, researchers at universities are continually striving for AI-solutions to predict and prevent suicidal attempts. Suicide is cited as the 10th leading […]

Technology7 June

Banking with Artificial Intelligence

Faced with unprecedented challenges, banks have started racing to embrace AI to gain a competitive advantage. With the advent of chatbots, personal assistants, and robo-advisors, it may not be too hard to imagine that the next wave […]

Technology7 June

Data Analytics in Banking

Banking is getting branchless, contemporary and digital at a very fast pace. As banks compete to gain competitive advantage, the need for managing big data and analytics becomes more relevant. Big Data has transformed the […]

Technology6 June

Woebot — World’s First Mental Health Chatbot gets $8 million in Funding

Working 24 hours a day, 365 days a year across more than 130 countries, Woebot is undoubtedly a busy therapeutic chatbot. The good news is that Woebot recently secured $8 million to gain access to mental health […]

Technology5 June

Augmented Reality (AR) — Fashion Brands Gear up for a ‘Digital Makeover’

Your next shopping experience could be powered by Augmented Reality (AR) as fashion brands gear up for a digital makeover. In a comprehensive 2018 study, ‘The State of Fashion’ by McKinsey & Company and The Business of Fashion (BoF), […]

Technology26 October

The Starbucks Story – From being Local to Going Local

When Starbucks (SBUX) announced the closure of all of its 379 Teavana stores by the spring of 2018, it came as a warning signal to many analysts. But for long-term investors, Starbucks future growth prospects […]