GENERAL AI

Botminds Document AI is Now Available in the Microsoft Azure Marketplace

Botminds AI | July 26, 2022 | Read time : 02:00 min

Botminds AI
Botminds AI, today announced the availability of Botminds Document AI platform in the Microsoft Azure Marketplace, an online store providing applications, and services for use on Azure. Botminds' customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Botminds is the World's first integrated platform for Document Understanding/Intelligent Document Processing (IDP). Botminds provides AI-powered solutions that read and understand documents, a search engine to query any document, enriched document analytics, and end-to-end document-based process automation. Our customers experience - Improved turn-around-time by 80%, reduced cost by 70% and an improvement in their operational efficiency by 90%, within weeks. Our custom AI models, help organizations transform data into intelligent actionable insights.

"Our aim is to make Botminds AI platform as the de-facto Document AI platform for enterprises in their transition from RPA to a more empowered Intelligent Automation(IA) world," said Gokul Ganapathi, CEO of Botminds. "Making Botminds available in the Microsoft Azure Marketplace is a key step in this mission. From now on, getting started with Botminds AI to automate so far untouched document-centric processes is super simple for enterprises already on Microsoft Azure."

"Through Microsoft Azure Marketplace, customers around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimized to run on Azure," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "We're happy to welcome Botminds AI solution to the growing Azure Marketplace ecosystem."

The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.

About Botminds AI
Founded in 2015, we at Botminds AI chase the research happening at the intersection of Deep Learning & NLP continuously, so you don't have to. We have built our own semantic engine, developed on top of state-of-the-art algorithms/networks. A vertically integrated horizontal platform that has been recognized as the one-stop solution for any document-centric processes and the most user-friendly platform by our clients. We are headquartered in Seattle, WA, USA, with our R&D center in Chennai, India.

Spotlight

For too long, the magic of AI has been sold, but not realized. At Cognizant, we make it real.

Spotlight

For too long, the magic of AI has been sold, but not realized. At Cognizant, we make it real.

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AI Tools in Picsart Help Create New Objects and Scenes in Images

Picsart | December 29, 2022

Picsart, a digital creation platform, has released two new artificial intelligence (AI) features that generate new objects and scenes in images. The new AI features allow users to create and produce stunning visuals using the power of AI technology without needing any technical knowledge. By utilizing these new AI features, users can experiment with different visuals and designs, transforming an image in a matter of seconds. The first, called AI Background, allows users to insert an object or product image into a newly generated scene in a realistic manner. The second feature is called "AI Replace," and it lets users replace a part of an image with a new object of their choice. These tools are intended to enhance the creative process for a wide range of users, including everyday consumers and marketers. Particularly, these features benefit marketers by providing them with the ability to create engaging visuals quickly and easily, helping them to effectively promote their products. With AI features like AI Background and AI Replace, users can change their photos in ways that have never been possible before. "The new AI Background will serve as an incredibly helpful tool for marketers to place their products in various scenes, while the AI Replace tool brings even more possibilities for endless creativity. "We’ve already seen generative AI tools serve various types of users on our platform, including both everyday consumers and marketers." "We know these latest tools will serve the same wide range of creators." Picsart’s VP of Product, Lusine Harutyunyan Picsart has a history of incorporating AI into its platform and released its first generative AI tools last month, including the AI Image Generator, which has already created over 25 million images. Users can access all of Picsart's generative AI tools by downloading the Picsart app. "According to InsightSLICE, the global digital content creation market size is expected to reach USD 38.2 billion at a CAGR of 12% by 2030." The rapid pace of digital content creation using platforms like Picsart is fueling the growth of the market exponentially, leveraging AI like never before. Particularly, the generative design AI algorithms help the user come up with design options based on certain design parameters that the user sets. These options can then be reviewed and refined by a human designer. It is a novel innovation utilizing different types of generative design algorithms such as evolutionary algorithms, neural networks, and swarm intelligence. These algorithms work by generating and evaluating a large number of design options, using machine learning techniques to improve the quality of the designs over time. However, it is important for designers to consider the capabilities and limitations of the AI design algorithms and utilize them in an ethical manner. About Picart Picsart is the largest digital creation platform. AI-powered tools let users design, edit, draw, and share photos and videos. Picsart's open-source content collection includes photos, stickers, backgrounds, and templates. Picsart is used for personal and professional design by consumers, marketers, and businesses. Picsart offers APIs and an SDK to businesses for mobile and web image editing and processing. SoftBank, Sequoia Capital, DCM Ventures, Insight Partners, and others back Miami-based Picsart.

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Kore.ai Introduces Generative AI, Large Language Models in XO Platform V10.0

Kore.ai | January 24, 2023

On January 23, 2023, Kore.ai, the leading conversational AI platform and solutions firm, announced the release of its Experience Optimization (XO) Platform Version 10.0. The upgrade makes integrating with global enterprise systems easier and more open, thereby allowing enterprises and individuals to employ intelligent virtual assistants with little to no training. In addition, it can be continually scaled and optimized for high performance. The ability to support large language models (LLMs) like OpenAI's GPT-3 and other generative AI technologies is one of the primary features Kore.ai has added in this edition, greatly simplifying the design, management and development of virtual assistants. The cutting-edge zero-shot and few-shot models take advantage of LLMs and generative AI and eliminate the initial training data requirement. These technologies reduce the efforts required to efficiently produce intelligent and intuitive virtual assistants by assisting in design conversations, creating training data and test data, and rewriting responses with emotion. Kore.ai is at the leading edge of this technology in this exciting new era for virtual assistants. Additionally, the 10.0 version of the platform offers over 100 pre-built integrations with enterprise applications, as well as a new dashboard for conversation insights that can proactively uncover new opportunities for automation and flag training discrepancies. The addition of an enhanced feedback module tied to conversation interactions enables businesses to correlate insights with discussions better. Such capabilities facilitate the automation of procedures and the improvement of client interaction for large organizations. Kore.ai provides a variety of AI-first industry solutions, such as HealthAssist, BankAssist, and the recently released RetailAssist, as well as function-specific assistants such as HR Assist and IT Assist, and contact center-focused AgentAssist and SmartAssist, all of which are built on its XO platform and inherit the enhanced features developed for this release. Kore.ai is one of the first conversational AI companies to leverage LLMs for specialized knowledge AI use cases. The V10.0 release will help more than 350 Fortune 2,000 organizations and an expanding ecosystem of developers eager to create virtual assistants on the XO platform. About Kore.ai Founded in 2014, Kore.ai is a leading conversational AI-first platform and solutions provider, assisting organizations in automating business interactions in order to provide exceptional experiences for their customers, employees, and contact center agents. It provides an end-to-end, AI-powered "no-code" platform that serves as a secure foundation for enterprises to design, build, test, host and deploy AI-rich virtual assistants, process assistants and conversational digital apps across more than 30 different digital and voice channels. Over 350 Fortune 2000 organizations rely on Kore.ai's experience optimization (XO) platform and technology to automate their business interactions for over 100 million users worldwide, delivering extraordinary results.

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LivePerson enhances Conversational AI capabilities to help brands strengthen customer and agent experiences

LivePerson | December 14, 2022

LivePerson, a global leader in customer engagement solutions, today announced enhancements to its Conversational AI that will help brands hold even better conversations with their customers on a massive scale. Four new AI-powered capabilities include AI Search, On-Demand Recommendations, "Small Talk" NLU, and Repeat Intent Rate measurement. Powered by nearly one billion conversational interactions per month on the company's Conversational Cloud, LivePerson's Curiously Human™ AI helps customer care, sales, and marketing teams deliver and automate more meaningful, natural-feeling conversations. The AI-powered features and integrations announced today — including new ways to engage with customers and capture, measure, and use conversational data — make it easier for brands to improve bot performance, enhance customer and agent experiences, and accelerate time to value while cutting costs. "As we head into 2023, brands are looking to do more with less. AI and automation will only become more important as they seek to increase customer loyalty while reducing operational costs. "Our latest research shows that 98% of brands say AI is important to their customer engagement strategy, but only 28% say they're realizing its full potential. With the capabilities we're announcing today, they can start leveraging automation and AI faster than ever to provide even better digital experiences." Rob LoCascio, founder and CEO of LivePerson AI Search immediately answers questions without escalating to human agents right out of the box AI Search raises the bar for customer engagement by providing the most accurate answers to customer questions, only requiring knowledge base content to work. First, it uses deep learning to understand the customer's intent, the context of their query, and their phrasing. 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On-Demand Recommendations boost LivePerson's existing recommendation engine by making it possible to look up bots and content that do not depend on what the customer says, giving agents greater flexibility to quickly access the best resources to do their jobs. Unlike other platforms, LivePerson also allows agents to pull bots in without losing control of how the conversation unfolds. "Small Talk" brings a more human feeling to automated conversations LivePerson's "Small Talk" feature allows bots to respond to conversational messages with natural, comfortable responses, including greetings, goodbyes, and confirmations. For example, if a customer starts a conversation with "Hi, are you a bot?" or says, "Thank you!" the bot can politely respond before proceeding with addressing the customer's intent rather than get confused by the casual interjection. 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