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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 workflows are built on Nvidia’s existing AI technology platform. But Nvidia suggests that its loss prevention technology could eliminate 30% of shrinkage.

Retail 473
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AI Technology is Essential for Online Fraud Prevention

Smart Data Collective

One particular scam called fraudulent Buy Online Return In-Store (BORIS) is thought to have cost retailers a staggering $1.6 This dedicated squad operates entirely in the online world, building algorithms that make online purchases safe and limited the losses that can come through fraud. It’s not just about preventing losses, though.

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Enterprises enthusiastic about generative AI, Foundry survey shows

CIO

Enterprises with 5,000 or more employees were more likely (69%) to be trying the technology than smaller ones (57%). Enthusiasm for generative AI technology, a branch of AI that can be used to autonomously create new content such as images, videos, or text, varied from one industry to another.

Retail 567
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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics in business Predictive analytics draws its power from a wide range of methods and technologies, including big data, data mining, statistical modeling, machine learning, and assorted mathematical processes. Study driver behavior to develop better driver assistance technologies and, eventually, autonomous vehicles.

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

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. We are using cloud technology to bring digital solutions to our customers.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue.

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AI at the retail edge: What’s new, and what’s coming soon

CIO

Simultaneously, increases in compute power have made it easier to implement AI use cases at the retail edge. That’s a perfect opportunity for some long-awaited retail use cases to turn prime time. RFID has several other beneficial uses in clothing retail. RFID tags have been around for decades and now cost just pennies.

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