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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

Forrester Consulting discovered that poor checkout experience and long lines are the third highest reason grocers would skip the line and shop in a different place. The Federal Deposit Insurance Corporation in their 2017 survey estimated that 6.5 Slow checkout is the reason that 18 percent of customers would shop elsewhere.

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Synthesis AI raises $17M to generate synthetic data for computer vision

TechCrunch

Synthesis AI , a startup developing a platform that generates synthetic data to train AI systems, today announced that it raised $17 million in a Series A funding round led by 468 Capital with participation from Sorenson Ventures and Strawberry Creek Ventures, Bee Partners, PJC, iRobot Ventures, Boom Capital and Kubera Venture Capital.

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