New Generative AI Features From Square Give Powerful Technology To All Businesses
Portfolio Pulse from Benzinga Newsdesk
Square has announced 10 new generative AI features that sellers can use to automate operations, speed up workflows, and save time. These tools are integrated into Square's business software and aim to help businesses manage their operations more efficiently. The new features include a menu generator for restaurants, AI-generated backgrounds for e-commerce sellers, AI-generated content for public sites, item descriptions, and marketing content, and AI-enabled tools for onboarding and setup. The company aims to help businesses of all sizes scale their operations and take advantage of these new innovations.

October 18, 2023 | 1:01 pm
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Square's introduction of 10 new generative AI features could potentially boost its appeal to businesses of all sizes, potentially leading to increased usage of its platform and, in turn, potentially higher revenues.
The introduction of these new AI features could make Square's platform more appealing to businesses of all sizes, as they could help to automate operations and speed up workflows. This could potentially lead to increased usage of Square's platform, which could in turn lead to higher revenues for the company. However, the impact of these new features on Square's stock price will likely depend on how well they are received by businesses and how much they contribute to Square's overall revenues.
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