The 10 most innovative artificial intelligence companies of 2020

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Graphcore, Nvidia, and eight other companies pushing the art of AI forward. Artificial intelligence has reached the inflection point where it’s less of a trend than a core ingredient across virtually every aspect of computing. These companies are applying the technology to everything from treating strokes to detecting water leaks to understanding fast-food orders. And some of them are designing the AI-ready chips that will unleash even more algorithmic innovations in the years to come. Read Full Story

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What leading consultants say about the usage of AI in marketing?

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30-second summary: In Deloitte’s 2019 CMO Survey Report, 56% of participants anticipated using AI for content personalization. 33% of respondents foresee applying AI for improving marketing ROI by optimizing marketing content and timing. Mckinsey’s survey found that 44% of companies reduced operational costs and increased business revenue by using AI in marketing. The Bain and Company found that marketing insights gathered through new machine-learning capabilities helped gain 10x in marketing performance. The company also saw a 25% increase in additional revenue through cross-selling. An EY study of CEOs and business leaders reveals that 62% of respondents believe artificial intelligence will have a significant impact on creating efficiencies at their company. In a survey conducted by BCG, 90% of respondents agreed that artificial intelligence represents a business opportunity for their company. However, 70% of companies report minimal or no impact from AI so far. Marketers have started using artificial intelligence to …

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Top 10 marketing-related AI thought leaders to follow

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30-second summary: AI can help marketers deliver better overall customer experiences across all digital channels. The key to success is in using it logically, ethically and in key areas where it can assist, save time and resource and help scale campaigns and performance. To gain a better understanding of the benefits to marketing it is best to build your knowledge from a wide range of perspectives to identify the best use cases. We look at 10 influencers worth following to get a good handle on how AI can and should effect the marketing sector. Adoption of Artificial intelligence (AI) is growing worldwide, with a recent IDC report identifying the ability to deliver a better customer experience, greater employee efficiency and accelerated innovation as the leading drivers for adoption. AI now powers marketing processes across the customer journey, from insights, search optimization and content marketing to personalization conversion optimization, predictive analytics, …

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The secret to building a smart city that’s anti-racist

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Instead of simply extracting data from residents, make sure communities get involved in deciding how technology is deployed. In the face of COVID-19, the smart city movement has increasingly gained momentum. Drones, autonomous freights, and AI-based remote temperature sensing are among some of the new technologies that companies have partnered with cities to deploy in recent months. Smart city advocates insist that the crisis provides a key opportunity to digitally transform urban spaces for good. As the Silicon Valley “innovation firm” Strategy of Things notes, “The adoption of innovative smart city technologies such as the Internet of Things, artificial intelligence, and 5G, offers the potential for cities to respond to the pandemic more effectively and will be crucial in both curbing the spread of the virus and restarting our economy.” Read Full Story

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Microsoft AI is getting into quilting

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Artificial intelligence is changing the design production process, one stitch at a time. You’d probably associate antique quilts with the back of your grandmother’s sofa before artificial intelligence. But opposites do attract on occasion, as exemplified by the partnership of luxury menswear brand Bode and Microsoft. Read Full Story

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