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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

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Nfinite bags $100M to give e-commerce 3D flare

TechCrunch

The company, headquartered in France, has developed a SaaS-based visual e-merchandising platform with tools for creating 3D images for e-commerce. Lucky is bringing brands, retailers together with its take on product merchandising. De Vigan explained that with e-commerce forecasted to grow 50% to reach sales of $7.4

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change.

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Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

TechCrunch

The investment will be used to accelerate the development and commercialization of GB’s AI and 3D vision-based “autonomous mobile robots” or “AMRs” These perform simple tasks such as transporting, picking up and dropping off products in order to free up humans to perform more valuable tasks. Nenad Baki? Matija Kopi?,

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Taipei-based computer vision startup eYs3D gets $7M Series A

TechCrunch

The company’s technology, including integrated circuits, 3D sensors, camera modules and AI-based software, have a wide range of applications, such as robotics, touchless controls, autonomous vehicles and smart retail. It will use its new funding to build its embedded chip business in new markets.

3D 215
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LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. Bigthinx – AI technology focused on fashion retail, wellness and the metaverse with products for body scanning, digital avatars and virtual fashion.

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Three Ways Retailers Can Use AR and VR to Boost Post-Sale Customer Experience

Perficient

While those ideas are a great way to maintain the relationship, brands need to catch up with how consumers are using technology to shop and interact with their favorite retailers. AR and VR have the potential to revolutionize the retail industry by providing customers with immersive and personalized experiences.

VR 64