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#pymntsnews

11 posts8 participants1 post today
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Alo Japan

alojapan.com/1242590/fashion-r Fashion Retail Platform Lyst Sold to Japan’s Zozo for $154 Million #Acquisitons #apparel #ecommerce #fashion #FashionRetailers #Japan #JapanNews #Japanese #JapaneseNews #lyst #news #PYMNTSNews #retail #What'sHot #Zozo Fashion shopping platform Lyst is set to be acquired by Japanese eCommerce firm Zozo. The $154 million deal, announced in a news release Wednesday (April 9), will make Lyst a wholly owned subsidiary of Zozo, itself another fashi…

Lyst, Zozo, acquisitions, retail, fashion, eCommerce
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Bytes Europe

4 Inconvenient Truths About GenAI byteseu.com/884859/ #AI #ArtificialIntelligence #B2B #BackOffice #DanielHuttenlocher #DigitalTransformation #GenAI #GenerativeAI #GenerativeArtificialIntelligence #MIT #News #Optimization #productivity #PYMNTSNews

Bytes Europe · 4 Inconvenient Truths About GenAIHighlights Companies should prioritize experimentation with AI. But it doesn’t have to be a big upfront expenditure. Instead, do small, targeted projects that yield positive surprises, which can snowball over time and translate into big gains. AI hype is in overdrive. Here are four inconvenient truths about AI: GenAI does not make good AI agents; AI and human reasoning are not the same; both cultural and digital transformation are needed to effect real change; and AI is not inherently good or bad. Think beyond simply applying AI to improve existing processes. The real opportunity lies in re-envisioning products, services and
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