Amazon Boosts its Artificial Intelligence

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Amazon.com is boosting its artificial-intelligence chops.

The world’s largest retailer by market capitalization is rolling out its sophisticated big-data-crunching platform for developers in Europe, and is also hiring scientists for its research teams in New York and Berlin who specialize in getting machines to do things like make sales predictions and predict fraud.

Machine learning is a field of artificial-intelligence computing in which algorithms are trained to make predictions from large sets of data without having to be reprogrammed on each new set of data.

Amazon already uses machine learning to automatically predict prices for millions of products and for forecasting recommendations in search.

Read the source article at WSJ Blogs