Blog - Page 6

ChatGPT creates a buzz! The solution gained 100 million users two months after its launch, bringing public attention to the generative AI niche. Business is enthusiastic about the benefits of various ChatGPT use cases too.  97% of business owners believe the technology can improve at least one aspect of their business, and 90% expect benefits from ChatGPT utilization. How can...

The economy is stormy, and shoppers feel the consequences firsthand. To stay ahead, retailers must focus on efficiency. Artificial intelligence (AI) in the retail sector can become a silver bullet to help you succeed. Solid 48% of respondents believe AI-driven innovation in retail will shape the domain in the next three to five years. The adoption of artificial intelligence solutions is...

Image recognition is rapidly transforming industries ranging from healthcare to retail, and the market is expected to grow to more than USD 105 billion by 2028.  However, there are still a large number of image recognition problems to solve. At CHI Software, our AI/ML team is constantly challenged to overcome these obstacles and focuses on improving solutions and increasing the...

You've heard all the buzz about artificial intelligence and how it can transform your business. But before diving in, you need to understand as much as possible about the AI app development cost.  Sticker shock awaits you if you fail to grasp the factors affecting the price. Don't let that be you! Arm yourself with knowledge before approaching vendors. This...

You have probably heard about the rapid progress in AI for analyzing human faces. Facial recognition, emotion detection, age estimation – the list goes on. At first glance, these technologies seem incredibly useful, even magical. However, it is important to understand the limitations of face recognition accuracy to avoid potentially harmful misuse. AI models are only as good as the data...

With the rise of digital technology, the need for personalized, effective customer experience is at an all-time high. This trend highlights the importance of developing AI chatbots for e-commerce, as they cater to users’ preferences for quick and accurate assistance. According to Statista, 44 percent of users highly appreciate the help of a chatbot on an e-commerce website in finding...