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Daily Crunch: World’s largest Black-led VC fund leads $4M seed round for Nigerian retail automation startup

TechCrunch

Enter Bumpa, a Nigerian retail automation platform that wants to do the heavy lifting for companies eyeing more digital operations. It’s one of the startups participating in the TechCrunch Disrupt Battlefield 200, and it uses machine learning to try to identify fraud, waste and abuse in healthcare claims , Kyle reports.

Retail 222
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5 ways AI is showing promise as a decision-maker

CIO

Outcomes are fed back into machine learning models to improve prediction accuracy continually. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions. AI makes this capability available to any business.

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How to take machine learning from exploration to implementation

O'Reilly Media - Data

Interest in machine learning (ML) has been growing steadily , and many companies and organizations are aware of the potential impact these tools and technologies can have on their underlying operations and processes. Machine Learning in the enterprise". Blockchain and decentralization". Data Platforms".

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. This includes using blockchain for safe and transparent transactions, artificial intelligence to create a more personal experience for our customers and making our mobile banking platform easy to use.

Banking 297
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How mobile apps and cloud accelerating Industry 4.0 transformation.

OTS Solutions

is the fourth industrial revolution that is driven by the convergence of various technologies such as the Internet of Things (IoT), artificial intelligence (AI), machine learning , big data analytics, robotics, and others. Retail and Distribution The emergence of Industry 4.0 Key features of Industry 4.0 Industry 4.0

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What is Digital Transformation in Retail: Trends, Use Cases and Predictions

Openxcell

The paradigm transition it brings to the retail landscape is evident from the latest predictions. The market size for retail digital transformation is forecast to reach USD 711.61 These estimates are key indicators that digital transformation in retail is all set to bring a big picture up front. billion by 2023. billion by 2028.

Retail 52
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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

After incubating a startup — Axelera AI — to commercialize their chip technology within the blockchain company Bitfury Group, Del Maffeo and team secured capital from VCs including Imec’s venture arm, Imex.xpand. Axelera’s test chip for accelerating AI and machine learning workloads.

Hardware 240