Monday 24 August 2015

Flipkart bets big on Artificial Intelligence

Flipkart is all set to elevate shopping experience to a next level with their new focus area – Artifical Intelligence. Flipkart is reportedly working to gain mastery over artificial intelligence, describing the technology as a key differentiator in the competitive business of online retail. 

"The big disruption that is happening across the world is the rise of artificial intelligence," cofounder and CEO Sachin Bansal was quoted as saying at an event organised by The Indus Entrepreneurs in Bengaluru. 

"At Flipkart  that is a huge focus for us," he added. 

Artificial intelligence is the branch of computer science concerned with making computers behave like humans. It involves development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. 

"The number of shopping experiences will become more and more human, rather than talking to a machine that's pretty dumb. This is still work in progress but it will become one of the big reasons for consumers to choose one way or another," said Bansal.

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