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Google Cloud for Retailers adds AI-based inventory, e-commerce tools

CIO

In a bid to help retailers transform their in-store, inventory-checking processes and enhance their e-commerce sites, Google on Friday said that it is enhancing Google Cloud for Retailers with a new shelf-checking, AI-based capability, and updating its Discovery AI and Recommendation AI services.

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Everseen raises over $70M for AI tech to spot potential retail theft

TechCrunch

In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory. ” Everseen hasn’t always succeeded in this mission. .

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Lily AI lands new capital to help retailers match customers with products

TechCrunch

During the pandemic, retailers were forced to embrace e-commerce. That’s why Purva Gupta launched Lily AI , an AI-powered platform that connects a retailer’s or brand’s shoppers with products they might be looking to buy. ” Prior to co-launching Lily, Gupta served in various roles at Eko India and UNICEF. .

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. The cost of training the AI model to recognize these products went beyond the usual spending on computing capacity. “We

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Pixyle AI wants to make visual search more intuitive for online retailers

TechCrunch

Over the past three years, it has tagged more than 250 million images and says its increased conversions for its retail customers by 10% on average. She told TechCrunch that one of the biggest challenges faced by online retailers is cart abandonment, often because of poor site search and product discovery.

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How Medical Device Companies Can Ride Healthcare’s Retail Wave

Perficient

There’s been a lot of reporting on the healthcare moves that retail giants like CVS , Walmart , Best Buy, and Walgreens have made of late. Here are several ways to ride the retail wave by arming all your stakeholders with tools, information, and just-in-time support they can use right on the sales floor.

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Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon

TechCrunch

But the pandemic has also renewed our interest in buying from smaller businesses and retailers. million in Series A, helps retailers of any size provide affordable same-day delivery. To date, major players in both shipping and retail have dominated this space, thanks in large part to their ability to deliver quickly.

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