Home / Knowledge / News / Information Technology / KDDI Corporation invests in AI startup Mad Street Den

KDDI Corporation invests in AI startup Mad Street Den

19
Sep '18
Courtesy: KDDI
Courtesy: KDDI
Japan based KDDI Corporation has announced that it has invested in US based Mad Street Den Inc. (MSD) through KDDI Open Innovation Fund 2, managed by Global Brain. MSD provides ‘Vue.AI’, a one-stop artificial intelligence and image recognition platform, to apparel retailers who are experiencing operational changes due to a rapid increase in e-commerce.

Vue.AI offers products such as data classification/catalogue data management including AI-based automated data-tagging with attributes, titles, descriptions, drastically improving product discovery and searchability, reducing operational costs and the time required to digitise a product and go to market. The solution also makes it easier to eliminate redundancy in the catalogue and provide a singular view into the entire inventory. Its marquee product is a cutting-edge human model generator which is an AI-based product generating garment-to-model images, predicting how the garment fits.

Vue.AI's algorithms also analyse the extracted catalogue data with user behaviour and help the retailers' marketing/product/cataloguing teams not only to automate their processes and reduce costs but also to drive conversions and to increase revenues. With the solution, fashion brands can provide their customers with a great user experience in online shopping, such as good retrieval accuracy or ‘AI stylist’ which is an AI-based styling and outfitting solution.

“At KDDI, we are a company that continues to provide excitement as we move forward with the integration of telecommunications and life design. By investing in venture companies that can deploy services on a global scale, we help generate new business to create new customer experience value,” said the company in a press release. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Fibre2Fashion's virtual trade expo goes live

Textiles | On 15th Aug 2020

Fibre2Fashion's virtual trade expo goes live

The much-awaited F2F Sourcing Show 2020—the virtual trade fair being...

Pic: Shutterstock

Apparel/Garments | On 15th Aug 2020

UK govt launches scheme to help high street supply chains

The UK Government has launched a new programme to help high street...

Pic: Shutterstock

Apparel/Garments | On 15th Aug 2020

US-PRC trade row a plus for Sri Lankan apparel exporters

The trade conflict between the United States and China could assist...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Jason Remnant,

Jason Remnant

<div>Xaar plc develops digital inkjet technology; it designs and...

N Nithyanandan,

N Nithyanandan

Incorporated in 1999, Purani Textiless Private Limited is one of the...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search