Foundation Models in AI: How Businesses Can Leverage Pre-trained AI for Specialized Applications
Introduction
For many companies, especially small businesses and startups, adopting AI can feel overwhelming due to high costs, technical complexity, and limited resources. Without large budgets or dedicated tech teams, leaders often struggle to access the benefits of AI, leaving them at a disadvantage in an increasingly competitive market.
Foundation models change this narrative. Pretrained on massive datasets, ...
Building AI-powered chatbots using LlamaIndex and Langchain
Introduction
Over the recent years, chatbots have become part and parcel of growing industries such as customer service, healthcare, e-commerce, education, and more. With the recent advancements in Natural Language Processing (NLP), chatbots have become way more sophisticated, context-aware, easily trainable, and effective in interacting with customers making them a powerful tool for businesses to improve customer ...
Customer Satisfaction Increase by 24% with AI-Powered Chatbots (2024 Study)
Digital assistants referring to AI Chatbots, helped in a 24% increase in customer satisfaction over the last year. This is one of the most crucial reasons why every industry has started to invest heavily on AI powered chatbots. Among them all, the Retail Industry is seen to leverage chatbots more than other industries. However, there are ...
The Role of Chatbots in Customer Service Automation
Introduction
Do you struggle to retain customers for your budget constraints? Chatbots can be your savior as they will take on several manual tasks, simultaneously enhancing customer satisfaction. This is how you cut down on expenses but still manage to provide a better customer experience.
“62% of consumers would rather talk to a chatbot than a human agent”
Talking ...
