OPENLANE Announces Launch Of Visual Boost AI Damage Detection Overlays For Every Dealer-Consigned Vehicle In U.S Marketplace; Highlights Detected Exterior Damage Directly On Photos Within The Condition Report
Portfolio Pulse from Benzinga Newsdesk
OPENLANE has launched Visual Boost AI, a damage detection tool that overlays detected exterior damage on photos in the condition report for dealer-consigned vehicles in the U.S. marketplace. This AI-powered tool aims to enhance buyer confidence and facilitate quicker and more informed purchase decisions.
January 03, 2024 | 1:46 pm
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POSITIVE IMPACT
KAR Auction Services, potentially associated with OPENLANE, may experience a positive impact due to the launch of the Visual Boost AI tool, which could improve buyer trust and efficiency in vehicle purchasing decisions.
The introduction of Visual Boost AI by OPENLANE is likely to be beneficial for KAR Auction Services if they are connected, as it can improve the transparency and trust in the vehicle auction process, potentially leading to increased sales and customer satisfaction.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80