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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. Of that, survey respondents said 26% was due to process or control failures, 29% due to employee or internal theft, and 37% due to external theft.

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3 ways Generative AI is transforming the retail industry

CIO

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. How can Generative AI speed innovation in retail? Caton : CarMax reviews millions of vehicles.

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The hardest part of building software is not coding, it’s requirements

CIO

With all the articles about all the amazing AI developments, there’s plenty of hand-wringing around the possibility that we, as software developers, could soon be out of a job, replaced by artificial intelligence. Coding can be a challenge, but I’ve never spent more than two weeks trying to figure out what is wrong with the code.

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Y Combinator-backed Luca aims to optimize retail prices at enterprise scale

TechCrunch

Luca , a startup building price planning and prediction tools for retailers, today announced that it closed a $2.5 ” Mann describes Luca as a “pricing co-pilot for enterprise retailers.” Luca’s platform attempts to optimize retail prices using historical data and other signals. million equity investment.

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How e-commerce companies can brave the new retail environment

TechCrunch

He focuses on software, fintech, digital health and consumer investments. While these factors are largely out of retailers’ control, we’re seeing a few emerging companies that have adapted by entrenching with existing customers and building their organic brand. The new retail challenge. The new retail challenge.

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Marketing automation startup Retail Rocket nabs $24M for expansion

TechCrunch

Retail Rocket , a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. ” According to Khlebinsky, Retail Rocket uses a mathematical model to segment first-time buyers of a company’s product. . Image Credits: Retail Rocket.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.