From Nvidia:

According to a new survey by NVIDIA, 98% of retailers plan to invest in generative AI in the next 18 months, signaling a rapid adoption of the technology in the industry. Early deployments include personalized shopping advisors and adaptive advertising using models like GPT-4 from OpenAI.

NVIDIA AI Foundations, a curated collection of optimized, enterprise-grade foundation models, is providing retail companies with the building blocks they need to construct custom models. The NVIDIA NeMo platform allows for the customization and deployment of models at scale using state-of-the-art techniques.

Generative AI has a range of use cases in retail, from creating eye-catching marketing material to boosting productivity and creating personalized shopping experiences. AI-powered chatbots and translators are also being used to enhance customer service and day-to-day efficiency for employees.

To learn more about how generative AI is shaping the future of retail, connect with the NVIDIA team at NRF: Retail’s Big Show, taking place Jan. 14-16 at the Jacob K. Javits Convention Center in New York. Attend a Big Ideas session on Jan. 14 to hear from industry leaders on how generative AI is delivering personalized shopping experiences and driving revenue and productivity.



Read more: How Generative AI Is Redefining the Retail Industry