The Globe and Mail in its Wednesday edition says that Wells Fargo's "AI in Action" report helped flesh out the diversity of use cases for artificial intelligence and the speed at which AI is being adopted. The Globe's Scott Barlow writes that equity analyst Christopher Harvey notes that Visa has been using artificial intelligence to detect fraudulent transactions, Best Buy uses AI to make customer service more personal, while Ralph Lauren is modelling pricing and demand with AI. Kraft Heinz partnered with Microsoft's AI functionality to increase revenue by $30-million (U.S.) through improved sales and supply chain efficiency. Mr. Harvey sees the winners from AI as being relatively obvious because of the massive scale required to make AI work. He lists Apple, Advanced Micro Devices, Amazon, Alphabet, IBM, Microsoft, Nvidia and Oracle.
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