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Business

NEC's AI system knows who you are and what you want

TOKYO -- NEC has developed artificial intelligence technology that makes guesses about the annual income, occupation and household composition of customers that help retailers and restaurants boost their sales.

Retailers can use NEC's AI to help them build profiles of the people visiting their stores, such as their income and lifestyle, tailoring their products and prices to better serve customers' needs. NEC will combine the AI with facial recognition technology and big data analysis to help retailers increase sales.

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