5 Most Popular Applications of AI in Banking AI in banking customer service also helps to accurately capture client information to set up accounts without any error, ensuring a smooth customer experience. Banks have started incorporating AI-based systems to make more informed, safer, and profitable loan and credit decisions. Currently,...
Enhancing chatbot capabilities with NLP and vector search in Elasticsearch
What Is an NLP Chatbot And How Do NLP-Powered Bots Work? Selecting the right chatbot platform can have a significant payoff for both businesses and users. Users benefit from immediate, always-on support while businesses can better meet expectations without costly staff overhauls. Chatbots can make it easy for users to...
11 Real-Life Examples of NLP in Action
Using natural language processing to improve everyday life Word disambiguation is the process of trying to remove lexical ambiguities. A lexical ambiguity occurs when it is unclear which meaning of a word is intended. A constituent is a unit of language that serves a function in a sentence; they can...
Machine Learning: What It is, Tutorial, Definition, Types
How Does Machine Learning Work? Some practical applications of deep learning currently include developing computer vision, facial recognition and natural language processing (NLP). As with other types of machine learning, a deep learning algorithm can improve over time. It essentially gives systems and processes the ability to learn and improve...
14 Powerful AI Chatbot Platforms for Businesses 2023
How to Use a Restaurant Chatbot to Engage With Customers Most of them are free to try and perfectly suited for small businesses. To further boost engagement, restaurants, and cloud kitchens can incorporate gamification elements into their WhatsApp chatbots. This could include quizzes, challenges, or loyalty programs where customers earn...