As we know, “Data” is the new power, and companies around the globe are trying to leverage this power in their businesses. Whether that business is:

• Healthcare: As the biomedical data is increasing, AI can provide a wide variety of services to aid humans. It can be diagnosis issues, drug invention, virtual healthcare, etc.
• Cybersecurity: AI tools are being used by cybersecurity companies to detect viruses and malware. AI systems are trained to identify even the smallest behavior of malware attacks.
• Recommending movies or Products: Companies are using the recommendation systems to recommend movies or products to their users—for example, Netflix, Amazon. Recommendation systems are built by a technique called matrix factorization.
• Business analysis: Companies are using the power of AI for automation of the business process, collecting observation through data analysis, and using virtual support to engage with the customers and employees.
• Banking sectors: In banking sectors, AI is being used extensively for detecting fraudulent transactions, automation of the banking processes such as virtual support for account info, loan offer customization based on the user’s expenditures.
• Facial recognition: AI uses the facial features mapping to match the faces which are stored in the database. If the face exists in the database, then the match is true otherwise false.

#general #machine-learning