TS #41 – Spot Fakes, SimSim!

Fake or counterfeits being sold, through ecommerce platforms, as authentic products have been a cause for concern, especially for luxury brands that claim a hefty price tag. But, nevertheless, there have been many such cases.

Alibaba, one of the biggest players in the ecommerce space has made a move in this direction. It recently updated its AI platform to be able to identify authentic and counterfeit logos of luxury brands in 30-50 milliseconds(10x quicker than the speed people blink).

The platform was trained on about 13.7 billion picture samples, which is 186 times the number of books stored in the National Library of China. The database has more than 1 million logos covering 500 luxury product categories.

More here.

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Shreesha S
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.
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