Shopify tests an AI-powered translation bot to serve its global customers. The bot uses OpenAI's technology and translates chat conversations in multiple languages to English directly within Shopify's chat tool Athena.
Introducing Product Studio: Google's new AI-driven tool to help small busiensses optimize their product images on ecommerce stores. Generative AI is used to create stunning visuals and save on expensive photography costs. Within US-Merchant Center Next and Shopify app; global rollout expected by 2024.
Google has announced the launch of its new tool "Product Studio", allowing merchants to produce stunning product images using AI. Merchant Center Next provides businesses with the chance to give life to their products and capture potential customers. Through Product Studio, merchants create product images at no extra cost with suggested themes and better quality of small or low-resolution images. Google has also made it easier to list on the Merchant Center Next platform.
Gan.ai is a San Francisco-based startup utilizing AI for creating customized videos for businesses, having recently earned $5.2 million in funding from Sequoia Capital India's Surge program. With Gan.ai, creating videos to match customers' needs is as easy as the click of a button. This is enabling businesses, such as Samsung, Zomato, Vivo and Mobile Premier League to reach wider audiences and increase their profits.
Cathie Wood, founder and CEO of Ark Invest, discusses the implications of artificial intelligence & it's impact on companies, employees and investors. She believes winning the AI market requires domain expertise, deep AI understanding & proprietary data. Her firm recently sold 500k Shopify shares to prove her point. Wood cautions that proper handling of AI is a must, and the key to success is having unique data to stand out.