SoftServe has launched the Gen AI Retail Shopping Assistant at NRF 2025, showcasing a new generative AI solution developed using NVIDIA AI Blueprints. This innovative platform aims to transform the retail experience by integrating NVIDIA AI Enterprise software and multimodal retrieval-augmented generation (RAG). Features like visual search, virtual try-on, and personalized recommendations enhance product discovery and improve shopping efficiency, tackling common challenges faced by retailers. By providing tailored shopping suggestions and seamless navigation of large inventories, this AI-driven tool helps minimize returns and optimize revenue through advanced cross-selling and upselling strategies.
NVIDIA aims for higher growth by expanding its Data Center and AI offerings. Click here to explore the detailed narrative on NVIDIA's strategic positioning.
Elsewhere in the market, Semiconductor Manufacturing International was a notable mover up 6.2% and ending the day at HK$34.35, near its 52-week high. In the meantime, ON Semiconductor softened, down 7.5% to end the day at $53.94, close to the 52-week low.
For more insights on AI Chips, check out our Market Insights article titled "The AI Capex Cycle Shows No Signs Of Slowing Down," where we discussed how substantial capital expenditures are driving growth and shaping the industry's winners and losers.
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Companies discussed in this article include SEHK:981 ENXTAM:ASML NasdaqGS:QCOM NasdaqGS:NVDA NasdaqGS:AMD and NasdaqGS:ON.
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