Food for Thought: AI Palette Introduces FoodGPT for FnB Innovation


Posted August 29, 2023 by aipalette

AI Palette Announces the Launch of FoodGPT: An advanced generative AI chatbot tool that seamlessly identifies food trends, creates innovative concepts, and validates them with speed and efficiency.

 
SINGAPORE, 28th August – AI Palette, a front-runner in generative AI technology, proudly unveils its innovative product, FoodGPT, tailored specifically for the bustling Food & Beverage (F&B) sector.

The Journey of FoodGPT:
Initiated in the heart of AI advancements, FoodGPT was conceived and built over a period of 3 months. Launched in its Beta form in the second week of July, this product is a testament to AI Palette's unwavering commitment to client needs. The company recognizes the challenges faced by F&B organizations in drawing correlations across vast data sources. Addressing these challenges, FoodGPT emerged, built upon the maturing landscape of generative AI.

What Makes FoodGPT Unique?
While there other companies using Generative AI for the same, FoodGPT boasts distinctive features that make it unparalleled:

1. Works with your Data: Capitalizing on both client-specific data (existing insights reports) and vast repositories of publicly available information, FoodGPT crafts highly tailored insights. This fusion ensures that the generated outcomes are deeply resonant and pertinent to each business's unique landscape. This is not just generative AI; it's AI attuned to your specific business pulse.

2. Extensive Training Data: Sourced from myriad platforms including social media, e-commerce sites, and search engines, FoodGPT utilizes billions of consumer data points across 24 countries and 16 languages, marking it as the industry's most extensive dataset.

3. Seamless Integration: Beyond its vast knowledge pool, FoodGPT offers unparalleled integration capabilities. Deployable on any company's data system, FoodGPT provides insights personalized to specific business needs. All integrations prioritize data security, ensuring confidentiality and protection.

4. Target Audience & Engagement:
FoodGPT seeks to serve Consumer Insights & Innovation teams, Marketing, and R&D factions within F&B companies. While actively engaging with global snack giants, specifics regarding collaborations remain confidential due to NDAs. On the pricing front, while specifics aren't disclosed, AI Palette ensures significant ROI through its innovative solutions, aiming for time-efficient and successful product launches.

A Glimpse into the Future of F&B:
Somsubhra Ganchoudhuri, Co Founder and CEO, AI Palette. "FoodGPT is going to be a game-changer for the Food & beverage industry. It will save companies a ton of time on research and give them instant access to really useful insights. The quality of output from LLM models depends on how much and what kind of data they've been trained on. Luckily, we've got the largest food dataset coming from 24 different markets. This helped us create a big dataset focused on food stuff, which we used to train our LLM. We're super pumped to use FoodGPT to help our client’s create consumer winning products. Exciting times ahead!"

As industries increasingly recognize the pivotal role of tech, especially AI, in product innovation, AI Palette remains at the forefront. Leveraging billions of data points, FoodGPT offers near real-time actionable insights, ensuring the transition from data to validated concepts within mere clicks.

Commitment to Data Security:
In an era where data security is paramount, AI Palette emphasizes its stringent data security & privacy policies, establishing itself as a trustworthy player in the tech-aided F&B innovation space.

About AI Palette:
Ai Palette enables Food and Beverage companies to create consumer-winning products using Artificial Intelligence and Machine Learning. Ai Palette’s patented technology identifies food trends across 61B data points collated from 150+ data sources in real time, uncovering consumer drivers and motivations, and helping in creating product concepts that meet unmet consumer needs. Our Natural Language Processing algorithm can also understand 18 different languages including Asian languages, making it truly one of a kind. Headquartered in Singapore, and backed by notable ventures like SGInnovate, AgFunder, Pi Ventures, Anthill Ventures, and Exfinity Ventures, we are currently working closely with some of the world’s largest food companies, including Fortune 500 giants like Kelloggs', Nestle, Olam etc.


For media inquiries, please contact:
Divya Sharma
Director of Marketing and Revenue Operations
[email protected]
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Contact Email [email protected]
Issued By Ai Palette
Phone +91-9167635860
Business Address Ai Palette, 75 Ayer Rajah Crescent, #03-03/04,
Singapore 139953
Country Singapore
Categories Food , Open Source , Technology
Tags generative ai , fnb innovation
Last Updated August 29, 2023