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WestCap and Peter Thiel-backed FLYR Labs closes $150M Series C

TechCrunch

Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs. Image Credits: FLYR Labs (opens in a new window).

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10 emerging innovations that could redefine IT

CIO

Once wild and seemingly impossible notions such as large language models, machine learning, and natural language processing have gone from the labs to the front lines. The main constituency: Any developer who will happily trade a bit of precision for a big savings in electricity.

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Flight Price Predictor: Training Models to Pinpoint the Best Time for Booking

Altexsoft

Pricing in the airline industry is often compared to a brain game between carriers and passengers where each party pursues the best rates. How dynamic pricing in the airline industry works. Airlines employ the technology to forecast rates of competitors and adjust their pricing strategies accordingly. Internal factors include.

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4 ways Swedish CIOs strengthen defenses against bombarding AI sales

CIO

“Many handle the word a bit carelessly,” says Charlotte Svensson, CIO at SAS, the Scandinavian airline. It can be about anything from classic data analysis and advanced data analysis, to robotics or machine learning. SAS works a lot with AI already, though, with more traditional machine learning and evolving generative AI tools.

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Data Science use cases & tools

Apiumhub

Data science is a multidisciplinary blend of data inference, algorithmm development, and technology in order to solve analytically complex problems, extracting knowledge and insights from many structural and unstructured data. Machine Learning. Machine learning is the backbone of data science. What is Data Science?

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Machine Learning Metrics: How to Measure the Performance of a Machine Learning Model

Altexsoft

Choosing the machine learning path when developing your software is half the success. Yes, it brings automation, so widely discussed machine intelligence, and other awesome perks. So, how would you measure the success of a machine learning model? Machine learning pipeline in a nutshell.

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Is Conversational AI Right for Your Business?

Trigent

Conversational AI is an interesting blend of tech Natural Language Processing (NLP), machine learning (ML), deep learning, contextual awareness, and Art. For Conversational AI voice bots, ASR (Automatic Speech Recognition) and TTS (Text to Speech) routines need to be integrated with necessary customization and training.