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AI and Machine Learning in Retail 2024

Artificial intelligence (AI) is playing an increasingly important role in retail. In this article we explain which technologies are hidden behind the buzzword, what benefits and opportunities are associated with them, and how companies can use AI in retail.
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What you will learn

Learn everything about Ai and Machine Learning in Retail:

  • What is Artificial Intelligence?
  • The differences: AI, machine learning, and deep learning
  • What is machine learning and when is it used?
  • What is deep learning and when is it used?
  • Application scenarios and benefits of AI in retail.
  • What role does AI play in dynamic price optimization?
  • Why is AI-powered price optimization with 7Learnings worth it?
  • AI applications: make a make-or-buy decision

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