Technology News

Gensmo, a fashion technology start-up driven by artificial intelligence, has secured more than US $ 60 million in seed capital.

Google has unveiled a new AI-powered app called Doppl, designed to revolutionise online shopping by allowing users to virtually try on clothing. The app can also transform static images into animated outfit previews, offering a more dynamic and interactive shopping experience.

An AI-driven shopping assistant designed solely for fashion and operated through chat was introduced on Wednesday, marking a first-of-its-kind debut in the industry.

According to a DHL report, delivery limitations are a major hurdle to finalising purchases in the Asia-Pacific region, with 77% of consumers abandoning their shopping carts if their preferred delivery choices aren’t offered.

With the use of AI mesh stabilisation and full-body motion capture in high-resolution 3D, it creates digital doubles that are ready for styling and reimagining.

Voyado, a Swedish retail tech company, has signed a deal with Viking which will be its new majority investor with an estimated valuation of US $ 332 million. As part of the investment, Voyado intends to continue its expansion into the UK and the European retail landscape on an AI-fueled growth path.