- TechInsights AI Newsletter
- Posts
- 🛒Walmart's AI Surge: Elevating Retail Efficiency and Personalization
🛒Walmart's AI Surge: Elevating Retail Efficiency and Personalization
Ahmad Ak
23 Aug • Estimated Reading Time: 8 minutes
Tech Insights AI 0006, Friday 23rd August 2024
📰AI News Rundown
🛠️AI Tools
1.🛒Walmart's AI Surge: Elevating Retail Efficiency and Personalization
Walmart has leveraged generative AI to significantly enhance productivity and customer experience:
Image created using DALL-E
Data Management: Improved 850 million product data points, making inventory management more efficient and product pages more informative.
Customer Experience: Enhanced search and personalization with AI-driven features like natural language search and "Shop with Friends."
Productivity Gains: Made updating product pages 100 times more productive than manual methods.
Innovative Tools: Developed AI-powered shopping assistants and tools for marketplace sellers to streamline the shopping journey.
These advancements position Walmart as a leader in AI-driven retail innovation.
Source : Click here
2.🌟 AI21 Unveils Jamba 1.5: The Most Powerful and Efficient Long Context AI Models 🚀
AI21 has introduced the Jamba 1.5 model family, featuring Jamba 1.5 Mini and Large, which excels in handling long context windows with remarkable speed and efficiency.
Breaking New Ground with SSM-Transformer Architecture
These models utilize the innovative SSM-Transformer architecture, combining the strengths of Transformers and Mamba. They can handle up to 256,000 tokens, making them the longest context models available, ideal for analyzing lengthy documents.
Efficiency and Speed: A New Standard
Jamba 1.5 models are faster and more efficient, offering up to 2.5 times quicker processing on long contexts compared to competitors, which translates to cost savings and quality improvements for businesses.
Innovative Quantization with ExpertsInt8
AI21's ExpertsInt8 quantization technique allows Jamba 1.5 Large to fit on fewer GPUs while maintaining performance, ensuring low latency and high quality for enterprise applications.
Democratizing Access with the Jamba Open Model License
The models are available under the Jamba Open Model License, enabling businesses to customize and deploy them according to their needs, promoting wider access and experimentation.
Models are accessible on the following platforms and cloud partners
Conclusion
The Jamba 1.5 model family sets a new standard in AI technology, offering powerful tools for enterprises to leverage long context capabilities effectively.
Source click here
3.🌐 Chrome's AI Boost: Smarter Browsing Ahead✨
Google Chrome introduces three new AI features for a smarter browsing experience.
Visual Search: Use Google Lens on desktop to search anything you see online without leaving your tab.
Tab Compare: Easily compare products across tabs with AI-generated overviews of specs, prices, and reviews.
AI Browsing History: Quickly find past sites with natural language queries like "What was that ice cream shop I looked at last week?"
These features promise faster, safer, and more intuitive browsing
4.🇦🇪 Emirati AI Specialist Ebtesam Almazrouei Recognized in the Global AI Top 100 List 🌍🎉
Ebtesam Almazrouei, an esteemed Emirati AI expert, has achieved a remarkable milestone by being named in the Global AI Top 100 list.
Her inclusion in the list not only honorser significant contributions to artificial intelligence, particularly in advancing AI research and development. Almazrouei's work exemplifies the UAE's growing influence in the global AI landscape, showcasing the nation's commitment to innovation and technological leadership.
Her inclusion in the list not only honors her individual achievements but also underscores the potential of Emirati talent on the world stage.
Image Source : AI For Good
Achievements : Dr. Almazrouei's leadership and expertise have been crucial in the successful creation of TII's Falcon LLM models, which are homegrown competitors to ChatGPT and notably surpass models from major tech companies. Her dedication to advancing AI innovation played a key role in developing the Middle East's first indigenous, open-source large language model, Falcon 40B, intended for research and commercial use. Building on the remarkable success of Falcon 40B, she introduced Falcon 180B, a more advanced version and the world's most powerful open AI model. Furthermore, Dr. Almazrouei spearheaded the development of NOOR, the largest Arabic LLM model in 2022
Under Dr. Almazrouei's guidance, the AI for Good Impact Initiative aims to develop global AI ecosystems through strategic alliances and collaborations with governments, NGOs, and private sector entities. The initiative seeks to create inclusive, scalable, and repeatable AI solutions, advocate for ethical AI practices, and encourage the responsible use of AI for beneficial purposes.
5.🖥️Midjourney Launches Web-Based Editor ✨🎨
Midjourney has launched a new web version, transitioning from its Discord-based interface to a more user-friendly platform. This web version allows users to generate and edit images without Discord commands, featuring an intuitive interface with options for image customization, exploration, and prompt recreation.
The update aims to broaden accessibility and improve usability for visual creators by consolidating key editing tools into a single, cohesive platform.
💰AI Investments
|
🛠️AI Tools
Pipeshift.ai Fine-tuning and Inference for Open-source LLMs .Bring your datasets. Fine-tune multiple LLMs. Start inferencing in one-click.Sit back and watch them scale to millions!
Deepwisdom.ai The Multi-Agent Framework: First AI Software Company, Towards Natural Language Programming
ragna.app RAGNA Desktop is a private AI multitool that runs locally on your desktop PC or laptop without an internet connection.
documind.chat Ask more from your PDF With AI
cheerlink.app AI shop assistant that increases conversion
Thank you so much !
It means a lot that you’ve read my newsletter and I hope it’s been informative for you and your team.
Would love to say hi? Here are the best places to find me
Share your feedback via email 📩 [email protected]