Matterport Announces The Next Generation Of AI-Powered Real Estate Insights, Now In Beta
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Matterport, Inc. (NASDAQ:MTTR) has announced the next generation of its AI-powered real estate insights, currently in beta. The new features include automated measurements, layouts, editing, and reporting capabilities, which are expected to save customers time by eliminating the need for manual measurements and reporting. The company's AI-engine, Cortex, is responsible for these advancements, creating thousands of digital twins daily using Matterport's extensive spatial data library.
September 26, 2023 | 1:27 pm
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POSITIVE IMPACT
Matterport's announcement of its next-gen AI-powered real estate insights could potentially increase its market competitiveness and customer base, which may positively impact its stock price in the short term.
The introduction of these new features, which are designed to save customers time and increase productivity, could make Matterport's services more attractive to potential customers. This could lead to an increase in sales and revenue, which would likely have a positive impact on the company's stock price. Additionally, the company's continued innovation and advancements in AI and data science could enhance its reputation in the market, potentially attracting more investors.
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