A guide to AI in retail: Purpose, Benefits & Importance

As is the case in many other industries, the link between artificial intelligence and retail is getting stronger and stronger all the time. In 2023, the value of AI in the retail market worldwide reached $7.1 billion, an increase of nearly 30% in just a single year. This growth is likely to continue as AI becomes even more mainstream, and as consumers become increasingly aware of AI’s capabilities and what it can do for them.

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Does using AI in finance pave the way for other industry adoption?

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Getting to grips with the real costs of AI implementation

 

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Three ways to extend your runway and free up your best R&D talent

Tech firms are having to battle economic turbulence, the high cost of hiring top talent, funding limitations and a range of other headwinds.

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Ciklum and RoBUTCHER partner to revolutionize the food industry with innovative AI solutions

This innovative partnership aims to introduce ethical and ecological values into food processing by offering automation accessibility, scalability, and flexibility to meet changing production volumes and market demands. By creating AI-assisted Factory Cells, this initiative envisions a revolutionary change of the entire food system towards a more ethical and sustainable approach to food processing.

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An Algorithm to Transcribe Ancient Kuzushiji into Сontemporary Japanese Characters

The Situation

What was the weather like 500 years ago? What happened when Mt. Fuji erupted? How can one fold 100 cranes using only one piece of paper? The answers to these questions are in those books.

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Enhance your checkout experience with Ciklum and Stripe (Clone)

There’s no question that customers and businesses alike have lived through monumental changes and challenges in recent years. And after these years filled with uncertainty, rapid pivots and market volatility, a slowing economy presents yet another test. As your company prepares to weather a likely recession, fine-tuning your business to capture as much revenue as possible is mission critical.

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