How is AI used in predictive analytics?

AI enhances predictive analytics by leveraging machine learning algorithms to analyze historical data and identify patterns that forecast future outcomes. In industries like finance, AI models can predict stock market trends or assess credit risk by evaluating a multitude of factors in real-time. In retail, predictive analytics powered by AI can optimize inventory management and improve customer experience by anticipating purchasing behaviors. By implementing these advanced techniques, organizations can make data-driven decisions that lead to increased efficiency and profitability.

source: www.blockchainappfactory.com/ai-development-company