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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. Retailers can save time and costs by using PlicAR without building their own 3D modeling platform, he added. RECON Labs says it plans to roll out a 3D creator’s app next year.

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How Nvidia became a trillion-dollar company

CIO

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did. Some of those models are truly gargantuan: OpenAI’s GPT-4 is said to have over 1 trillion parameters.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

But not everyone agrees — particularly those who hope to build a business out of VR retail. Enter Emperia , an “immersive” retail startup that — to its credit — has already created virtual stores for brands including Bloomingdales, Dior, Ralph Lauren and Lacoste.

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

Altexsoft

percent of all retail sales (2.3 eCommerce share of total retail sales worldwide from 2015 to 2021. To remain competitive, retailers must allow in-store customers to enjoy the benefits of online shopping. The Federal Deposit Insurance Corporation in their 2017 survey estimated that 6.5 trillion US dollars).

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AI in Construction: Future-Proofing the Construction Industry

Openxcell

These claims were backed by statistics of the market, such as global Artificial Intelligence (AI) in Construction market size stood at USD 1487.31 Robotics in Construction New-age construction companies are also using intelligent robots to perform various tasks. Million in 2022 and is expected to reach USD 10070.42

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AI in Retail Industry: How Big Players Increase Customer Experience

Apiumhub

Retailers are updating in-store technology to increase the customers shopping experience. Artificial Intelligence (AI) has become a key element in the digitalization of in-store retail by personalizing the customer experience and creating a more engaged business-to-consumer interaction.

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Proptech: the disruption of real estate

Apiumhub

By using data analytics and artificial intelligence , real estate owners can match supply and demand and have an opportunity to have predictive analysis and recommendations. Instead of sending a human up onto a roof to conduct a survey, you can send a drone, which is just as accurate. Artificial intelligence – in math I trust .