“Lucidworks, an AI-powered search and discovery platform, has raised $50 million in growth financing. The company will use the capital to expand its enterprise offerings, which help retailers build search and discovery, customer analytics and digital commerce solutions. The use of AI can improve the shopper experience by finding correlations across human, machine and application-generated data in real time and at scale. The software also helps employees extract meaningful pieces of knowledge from gathered data, making it easier to take advantage of the insights from collected data.”
