10 AI News Updates Making Headlines Right Now

6. Wix.Com Ltd. (NASDAQ:WIX)

Number of Hedge Fund Holders: 46

Wix.com Ltd. (NASDAQ:WIX) is a cloud-based web development platform provider. Since generative AI is a key factor in business growth, WIX has been concentrating on it. As of the third quarter of 2024, the company had 29 AI businesses and has been integrating AI assistants throughout its platform. On January 31st, it launched Business Launcher, an artificial intelligence (AI)-driven tool designed to help users transform new business ideas into reality.

With just a few questions or a resume uploaded, Business Launcher evaluates users’ goals, experience, and skills to produce customized business ideas. It offers comprehensive insights, such as revenue opportunities, search engine optimization (SEO) tactics, and market potential. After selecting a business idea, users receive a full launch kit that includes a distinctive company name, a personalized website, a logo, domain name options, and marketing materials.