Skip to content
Search AI Powered

Latest Stories

Google Cloud brings generative AI to online shoppers

Tools help retailers get more efficient, while also creating more personalized shopping experiences, Google says at NRF

google cloud Screen Shot 2024-01-17 at 3.34.22 PM.png

Search and computing powerhouse Google this week released three new generative artificial intelligence (AI)-based tools to help retailers balance their twin goals of fueling growth and improving the customer experience.

Introduced at the National Retail Federation (NRF)’s annual trade show in New York, the technologies can help retailers personalize online shopping, modernize operations, and transform in-store technology rollouts, Google said.


In pursuit of trying to balance making their operations more efficient, while also creating more personalized shopping experiences, 81% of American retail decision-makers feel urgency to adopt generative AI, according to research from Google Cloud.

In response, Google Cloud said it is now providing:

  • A generative AI-powered “conversational commerce solution” that enables retailers to easily deploy personalized chatbots for online shopping, that function as virtual agents on their websites and mobile apps
  • A “customer service modernization solution” that creates personalized and streamlined experiences by integrating with a retailer's existing customer relationship management (CRM) system to engage shoppers with personalized product recommendations, scheduling appointments, or checking order statuses
  • A “catalog and content enrichment solution” that helps retailers accelerate the cumbersome product cataloging process by analyzing product images and descriptive text, and then automatically generating content

In other AI advancements for retailers, Google Cloud said it also introduced a new large language model (LLM) capability in its Vertex AI Search for retail platform. This product gives retailers Google-quality search, browse, and recommendations natively embedded on their digital storefronts. Qualified retailers will now be able to custom-tune a LLM to their unique product catalog and shopper search patterns, dramatically improving their ability to surface relevant products to customer queries.

And the company said that its managed hardware and software offering called Google Distributed Cloud Edge now has a retailer-focused configuration. That platform helps brands deliver modern customer experiences by installing small form-factor servers managed by Google to support AI across thousands of locations with low or no internet connectivity.

 

 

 

Recent

More Stories

aug24-lmi_orig.png

Logistics economy expanded in August

Economic activity in the logistics industry expanded in August, though growth slowed slightly from July, according to the most recent Logistics Manager’s Index report (LMI), released this week.

Keep ReadingShow less

Featured

GEODIS_Teammate_During_Peak_Season_Photo_Credit_Eli_Hiller.jpg

Geodis kicks off peak season hiring boom with 3,700 seasonal jobs

The winter peak season hiring boom has begun, as logistics service provider (LSP) Geodis said Thursday that it plans to hire 3,700 seasonal workers across its warehouses and distribution centers in the U.S. and Canada to help manage the expected rise in volumes.

That hiring surge marks a significant jump in relation to the company’s nearly 17,000 current employees across North America, adding 21% more workers.

Keep ReadingShow less
photo-1556740772-1a741367b93e.jpeg

NRF: U.S. is on the cusp of nailing a “soft landing” in inflation fight

With the economy slowing but still growing, and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, according to the National Retail Federation (NRF).

“The U.S. economy is clearly not in a recession nor is it likely to head into a recession in the home stretch of 2024,” NRF Chief Economist Jack Kleinhenz said in a release. “Instead, it appears that the economy is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation.”

Keep ReadingShow less
xeneta air-freight.jpeg

Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

Keep ReadingShow less
seegrid CR1_Renders_1-2_11zon.png

Seegrid lands $50 million backing for autonomous lift trucks

Seegrid Corp., which makes autonomous mobile robots (AMRs) for pallet material handling, has landed $50 million in new financial backing to accelerate its autonomous lift truck initiatives, which are generating more growth than expected, the company said today.

“Unrelenting labor shortages and wage inflation, accompanied by increasing consumer demand, are driving rapid market adoption of autonomous technologies in manufacturing, warehousing, and logistics,” Seegrid CEO and President Joe Pajer said in a release. “This is particularly true in the area of palletized material flows; areas that are addressed by Seegrid’s autonomous tow tractors and lift trucks. This segment of the market is just now ‘coming into its own,’ and Seegrid is a clear leader.”

Keep ReadingShow less