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

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 by AI. But the idea already faces competition as tech startups emerge to introduce similar technologies to autonomous retail stores.…

The First Internet-Only Bank in China

The First Internet-Only Bank in China

State-owned banks have long dominated banking in China but China wants to do things differently now. The Chinese government wants improve its financial sector by creating more confidence and responsiveness towards private customers. China has lately seen a lot of changes in its banking system, which could see some big changes in Chinese banking sector in 2015.