Top 8 AI News Updates Investors Shouldn’t Miss

6. Lightspeed Commerce Inc. (NYSE:LSPD)

Number of Hedge Fund Followers: 18

Lightspeed Commerce Inc. (NYSE:LSPD) offers a cloud-based commerce platform for merchants to scale and provide customer experiences for clients in the retail and hospitality sectors as well as golf businesses worldwide.

On March 19th, Lightspeed Commerce Inc. (NYSE:LSPD) announced a new AI-based website-building tool to help retail merchants create web pages for online stores from a screen capture. This technology would eliminate the requirement for manual coding and third-party developers and help them save time and money. The AI website builder is currently available in beta version with select Lightspeed merchants.

“Designing a website in-house can be time-consuming, frustrating, and complex for many merchants. Without design expertise or coding skills, they can often spend significant time experimenting with layouts, adjusting branding elements, and troubleshooting issues to get their store looking just right. Our goal is to remove the friction from website design and give merchants the power to iterate at the speed of commerce. This AI-driven technology is a leap forward in ecommerce efficiency, which can help businesses of all sizes create compelling digital experiences effortlessly.”

-said Dax Dasilva, Founder and CEO at Lightspeed.