Kasisto’s AI platform is powering a mobile-only bank in India, where chatbots handle all consumer requests.

People in India can now open an account with a bank that’s only accessible via mobile devices. Called Digibank, it’s staffed by chatbots intelligent enough to answer thousands of questions submitted via chat.

The machine-learning-based technology is a product of Kasisto, a New York startup that spun out of the company that created Apple’s Siri assistant. Kasisto trained its KAI artificial-intelligence platform with millions of questions asked by customers during their banking experiences.

Helpshift raises $23 million to automate customer support with chatbots.

Helpshift has made it easy for companies to deal with millions of customer support engagements on mobile devices. Now the company has raised a $23 million venture funding round to fuel its in-app customer support for the masses. And one way it will do that is by creating chatbots that can help solve customer support questions automatically.

About 40% of all bots are malicious, security firm says.

It’s hard not to love the idea of a bot that simplifies ecommerce, enhances messaging, or even arranges your vacation travel end-to-end, from transport to the airport, booking a flight, reserving a hotel, and back again. However, there is another class of bots — bad bots, which you should be very wary of. They’ve been around for years, but with the rapid embrace of chatbots, the security threat they pose has increased. In fact, about 40 percent of all bot traffic is malicious, according to security firm Distil Networks.

Facebook’s chatbot revolution slowed by problems with search and discovery.

From virtual reality to bringing the next 1 billion people online, Facebook founder Mark Zuckerberg is all about big ideas these days.

His latest brainstorm was trotted out at F8 this year: opening Facebook’s Messenger to chatbots. Here, it seems, is a way to advance the next revolution in communication, one that he argues is destined to replace apps, which are reportedly in decline.

Google to Developers: Here’s How to Stop Making Dumb Chatbots.

Generally, computers are useless at holding a conversation. They just take things a bit too literally. But Google is teaching computers how to make sense of the vagaries of human speech and text.

Starting today, Google is opening up those algorithms to outside software developers. The tools released will help programmers build language-based apps and services that are less prone to annoying misunderstandings than many of today’s chatbots. And they should help get developers hooked on the powerful machine-learning techniques Google is honing.

Google’s own mastery of grammar and syntax helps the company deliver more accurate search results, and it will be increasingly important as more of its devices and services come to depend on voice control.

Booking.com launches a chatbot to connect hotels and travelers.

Booking.com, the largest travel company in the world, will tomorrow announce a chat communication service that allows its millions of users to interact more easily with the hotels before and after their stays.

The move comes during a wave of excitement surrounding the potential of chat technology, which many businesses say is more efficient for engaging people than email, phone, or native appa. That enthusiasm was stoked even more by Facebook’s launch last month of its chatbot platform for Messenger, which kicked off thousands more experiments by brands to reach their users with this new chat format.

Key trends in the evolution of intelligent assistance.

Personal assistants and software bots have enjoyed significant buzz in recent months. New assistants are launched every week, and the Slack App Store already lists more than 40 bots. Working with Opus Research, we have published an update of the Intelligent Assistance Landscape that looks into the implications of this trend.

This report features 110 companies (increased from the 70 participants in the initial report from October, 2105).

Intelligent Assistance landscape ed2.2

Facebook Wants You to Chat with Business Bots.

More than 900 million people use Facebook’s Messenger mobile app each month to connect with friends and family. Now the company wants them to chat with businesses, too.

The social network announced today that companies can set up on Messenger. Some are already experimenting with using the platform for customer service, or to offer automated, interactive “bots” that can be used to browse online stores or request information such as news and weather. Burger King's bot can take food orders, for example. The Dutch airline KLM provides boarding passes and customer service via Messenger. Facebook announced its new approach at a conference for developers in San Francisco on Tuesday.

Shopify acquires Kit, the artificially intelligent marketing bot.

We’re standing on the edge of the chatbot revolution, and I’m reminded of how I felt when those first apps hit the store in 2007. Only this time, the apps talk back.

And following its announcement at Facebook’s F8 developer conference yesterday — where it became the first commerce platform to announce an integration with Facebook Messenger — Shopify today announced that it has agreed to acquire privately held Kit CRM Inc. Details of the deal were not disclosed.

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