Author Archives: Mita Chaturvedi

05 Jul

How Useful Was The Netflix Prize Really?

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image-24039

In 2006, popular streaming service Netflix launched a $1 million competition, inviting researchers, students and mathematicians to take a shot at improving the Netflix recommendation algorithm. The rules for the competition were to build an algorithm that beats Cinematch, Netflix’s baseline algorithm by 10 percent. Today, many people question the usefulness of this competition and…

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04 Jul

Now Facebook Wants To Compete With Substack, Launches Newsletter Platform

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image-23995

Facebook CEO Mark Zuckerberg launched the company’s newsletter publishing platform Bulletin on June 29. Integrated with Facebook Pages, Bulletin is a standalone platform for free and paid articles and podcasts. Bulletin comes with a self-publishing tool, allowing journalists to send email newsletters or create websites.  According to Zuckerberg, “The goal here is to support millions…

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03 Jul

How Coca-Cola And PepsiCo Use AI To Bubble Up Innovation

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image-23989

In its first year of operations, Coca-Cola sold only around 25 bottles of Coke. Today, the company sells approximately 1.9 billion servings of its drinks across over 200 countries. As many as 90 percent of the global population recognises Coca-Cola’s iconic red and white logo. In fact, despite sharing a smaller share of the market,…

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03 Jul

Instagram’s New Plan Makes It Look A Lot Like TikTok

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image-23991

“Changes are coming,” Facebook’s Head of Instagram, Adam Mosseri, tweeted earlier this week in a video he uploaded this week. These involve building “New experiences primarily in four areas”– Instagram’s creators, shopping experience, messaging tools, and video platform.  Instagram has a vast community of content creators, both professional and amateur, who tend to influence travel,…

The post Instagram’s New Plan Makes It Look A Lot Like TikTok appeared first on Analytics India Magazine.

01 Jul

Are Big Techs The Next Big Banks?

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image-23950

Finance looks very different today. While we continue to have our big safe ‘legacy’ banks, we are also increasingly using other platforms for our financial needs. Some household examples of this are Google Pay and Whatsapp Business. This brings us to the question- is Big tech trying to be the next Big Bank?  According to…

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30 Jun

Can Machines Imitate Human Tactile Processes?

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image-23933

Earlier this year, a contestant named Dr Fill won the 2021 American Crossword puzzle tournament. What made this win especially interesting was that Dr Fill was not a human being. Instead, it is an artificially intelligent machine and is now considered among the world’s best puzzle solvers. Despite not being allowed to keep the prize…

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28 Jun

Facebook Enters Into VR Advertising With Oculus Quest

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image-23880

In 2019, Wendy’s, a popular fast-food chain, decided to leverage virtual reality (VR) technology as a marketing tool. First, the restaurant chain created an avatar on the popular VR-powered game Fortnite. Then, it launched a Twitch stream where this avatar broke into restaurants and destroyed freezers—reminding audiences of its constant efforts to only serve ‘Fresh,…

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28 Jun

All You Need To Know About Google’s Visual Inspection AI

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image-23876

In 2019, Google Cloud identified six sectors as vital components of its growth: public, healthcare, financial services, retail, media, and manufacturing. Within manufacturing, the cost of quality control and inspection continues to be among the highest. The American Society for Quality estimates that the price of quality may be as high as 15 to 20…

The post All You Need To Know About Google’s Visual Inspection AI appeared first on Analytics India Magazine.

27 Jun

All The Features Rolled Out In DataRobot 7.1

DataRobot is one of the most prominent players in Augmented Intelligence, which works to democratise data science with end-to-end automation to help build, deploy and manage ML models. The platform enables companies to leverage the benefits of utilising AI and seeks to maximise business value through delivering AI at scale and constantly optimising its performance…

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