Tuesday, July 2, 2024

XGEN AI Launches ‘The AI Model Marketplace’: Designed for Brands, NOT AI Teams

XGEN AI, a trailblazer in AI-driven solutions, proudly announces the launch of its groundbreaking AI Model Marketplace, designed to empower eCommerce and retail teams by democratizing access to advanced, customizable AI models. This innovative platform is redefining the landscape of digital retail, focusing on solutions that have the most impact to performance like recommendations and search.

AI is evolving at lightning speed, and traditional off-the-shelf SaaS tools are failing to keep up, offering only hardcoded black-box models that are in reality out-dated and fail to meet the needs of modern brands. XGEN AI is flipping this paradigm on its head. For the first time ever, eCommerce and digital teams can train and use any AI model quickly and seamlessly, accessing cutting-edge technology as soon as it hits the market; adapting as the tech evolves, achieving outstanding results and all in less time than it takes to install an off-the-shelf product. Now brands can future proof their AI strategy against any outdated AI tech, breaking the endless loop of migrating platforms and seeking new solutions.

Founded in 2020 by visionary Frank Faricy, XGEN AI recognized the urgent need for customizable and extensible solutions that adapt to the unique needs of each company, rather than forcing companies to adapt to rigid solutions. XGEN AI’s Composable AI (a term brought to market by XGEN AI) works uniquely for each customer, allowing brands to create their own AI tools tailored specifically to their challenges and objectives. It’s fast and adaptable, there are no adoption hurdles and no additional talent is required. Brands ‘make what they need’, resulting in targeted and accurate performance outcomes.

Also Read: SoundCommerce Launches Reactor to Reduce the Time, Effort and Cost of AI-Ready Data

XGEN AI Products: XSearch, XRecommend, and XGenerate

With products like XSearch, XRecommend, and XGenerate (with many more in the pipeline, coming soon) XGEN AI offers a composable framework that enables eCommerce teams to become the new AI architects. These tools provide a seamless way to access models from GenAI to Deep Learning in a plug-and-play format. Democratizing these technologies takes them beyond the developers, to the managers who run the eCommerce and digital operations directly.

Introducing the XGEN AI Model Marketplace

The AI Model Marketplace offers eCommerce and digital retail teams access to an extensive library of AI models, each crafted to address industry-specific challenges. Designed with automation, these models are accessible and usable by everyone—not just developers and AI specialists.

“The benefits of leveraging AI in eCommerce are clear: increased revenue, reduced returns, and enhanced customer experiences. However, traditional AI models are big, complicated, and slow to deploy. With XGEN AI, the models you use are YOUR models, trained to address YOUR problems and goals, consistently delivering superior results. For the first time ever, you can pick the ones that work best for your problems” says CEO and co-founder Frank Faricy.

Key Features include: Automated Data Management, automated training & deployment – Determining the most suitable models for specific business needs, saving time and resources; and User-Friendly Model Cards – Provides clear descriptions of each model’s capabilities and applications.

Empowering eCommerce Teams

XGEN AI has pioneered the concept of enabling eCommerce teams to control and train their own AI models; goal-targeting options allow optimization for specific KPIs such as revenue lift, conversion rate, AOV, and more. Not only does this foster innovation and unparalleled flexibility, teams can now leverage modern tech to move faster while achieving outstanding results.

Unlike traditional approaches requiring extensive customization or reliance on off-the-shelf solutions, the Model Marketplace offers unparalleled flexibility and control. This democratization of cutting-edge AI capabilities empowers eCommerce teams to become AI experts, designing and controlling their own models to achieve outstanding results and stay ahead of industry trends.

SOURCE: Businesswire

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