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How to use AI to make money? Many businesses know the answer and successfully use artificial intelligence in their daily activities. The well-known retailer Amazon applies AI algorithms for product recommendations, inventory management, and dynamic pricing, driving sales and customer engagement. Tesla employs AI and self-driving technology for advanced driver-assistance systems, enhancing safety and revolutionizing…
Right off the bat, a few drone software development facts for you. Statistics show that by 2025, a) the global drone revenue is expected to grow to $63.6 billion; and b) drones are likely to create over 100,000 jobs. Additionally, the U.S. can boast of more than 800,000 registered units of the said aircraft, while…
You won’t find the words “overdraft”, “accrued interest”, or “mortgage” on the home page in today’s banking software. Now, when you want to check your account balance, you open the app, and it greets you with a caring “Hello, Alex! How are you today?” A change like this is significant progress for traditional banks, which…
If you open your inbox, chances are you’ll find several emails with personalized travel recommendations. Most likely, artificial intelligence compiled them (travel agents were hardly involved) based on your search queries and travel history. This is not the only application of AI in the travel industry. Smart chatbots, virtual assistants, customer service automation, and much…
Is there any point to use machine learning for manufacturing companies? You know, there definitely is. Just take a look at the numbers: the global machine learning market is expected to grow from $21.17 billion in 2022 to $209.91 billion by 2029. If ML wasn’t delivering profitable business opportunities, it wouldn’t have attracted such money….