WHAT IS THE MEANING OF AI(artificial intelligence)

Ai (artificial intelligence)

Artificial intelligence is the science of making machines that can think like humans. It can do things that are considered “smart.” AI technology can process large amounts of data in ways, unlike humans. The goal for AI is to be able to do things such as recognize patterns, make decisions, and judge like humans.

USES OF AI artificial intelligence

Artificial intelligence is widely used to provide personalised recommendations to people, based for example on their previous searches and purchases or other online behaviour. AI is hugely important in commerce: optimising products, planning inventory, logistics etc.

TYPE OF AI artificial intelligence
1
Cloud pricing optimization. …

2

Voice assistants, chatbots, and conversational AI. …

3

Uptime/reliability optimization. …

4

Predictive maintenance. …

5

Customer service operations. …

6

Personalization. …

7

IT operations management. …

8

Process automation.
HOW AI IS USEFUL TO US

Artificial Intelligence enhances the speed, precision, and effectiveness of human efforts. In financial institutions, AI techniques can be used to identify which transactions are likely to be fraudulent, adopt fast and accurate credit scoring, as well as automate manually intense data management tasks.

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