AI IN RETAIL
AI IN THE RETAIL MARKET IS ESTIMATED TO BE WORTH OVER $17 BILLION BY 2028 AND IS THE SECTOR MOST READILY ADOPTING AI-BASED TECHNOLOGIES.
Applications of AI in retail
With the help of AI, retail stores can transform existing surveillance systems into powerful analytical tools that can optimize operations and improve customer experience.
Why is gaudi a good fit for retail Use Cases?
Training deep object detection and tracking models for checkout-free stores require a large amount of processing that can be paralleled and thus accelerated. They can benefit specifically from accelerators that can handle data parallelism when the training dataset is huge or distributed and model parallelism when the models are large.
The two primary considerations that come into play when employing AI processing are time- and cost-to-train. Habana’s Gaudi Training Processors are expressly designed—in both hardware and software—to deliver high-efficiency cost- and time-to-train, making AI training more accessible to more organizations and for more applications.
First-generation Gaudi delivers up to 40% better price-performance than comparable GPU-based solutions—for both the EC2 DL2 instance and on-premise systems. Training with Gaudi clusters is available both in the cloud with AWS EC2 DL1 instances consisting of 8 Gaudis and on-premises with the Supermicro X12 Gaudi Training Server also consisting of 8 Gaudis. In addition, Gaudi2, which launched in May 2022, offers substantial performance advances that enable significantly faster training of models while preserving cost-efficiency. Gaudi2 systems will be available from Supermicro in 2H 2022 for on-premises implementation.
News and customer testimonials
“Our experiences with Gaudi give us confidence that we will be able to lower our training costs while improving model quality and translate that into even more powerful tools for our end-user.”
 Vantage Market Research, “Artificial Intelligence (AI) in Retail Market Size to Reach 17,086.54 USD Million by 2028 | Increasing AI-powered Application and Chatbots in the Retail Industry Flourish the Market”, March 2022.