NEWS AFFAIRS 7 : WHERE EVERY STORY HAS IT'S AFFAIR!
The Ai is now playing a big role in everyone’s lives , from helping in school homework to even predicting some amount of future events , AI is doing everything. The AI industry is booming, with major companies like American Express, DoorDash, and JP Morgan Chase adopting it to enhance their business operations in various ways
American Express
The American Express is an American multinational financial services company specializes in payment cards uses AI to counter financial fraud by implementing ultra low latency fraud detection in credit card transactions.
Credit and bank cards are a major target for fraud. To thwart fraudulent activity, American Express, which boasts over 115 million active credit cards and handles more than eight billion transactions a year, leverages deep learning through the NVIDIA GPU computing platform.
DoorDash
American Online food ordering company DoorDash uses AI for Assistance of customers to complete tasks and for security reasons , where ai help to detect inappropriate or abusive conversation between a consumer and Dasher, Dashers will be entitled with the option to quickly cancel the order without impacting ratings.
JP Morgan Chase
American Investment banking company JP Morgan Chase incorporates AI across various aspects of its operations, particularly in payment solutions and customer service. They uses for payment validation screening and to automatically show insights to clients, such as cashflow analysis, when they need it also AI is used to automate complex billing processes, streamline accounts payable, and improve fraud detection mechanisms.
These are just few examples , how major companies with global customers is using ai to power their businesses in more productive manner , the AI revolution is just in its initial state , a huge ai advancement and development is yet to witness . As the competition is rising , AI becoming more and more necessary to predict some future outcome.
