Lightspeed exploring AI to help merchants with product descriptions, forecasting [Financial Post (Toronto, Ontario, Canada)]
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Company Research
Source: Financial Post
TORONTO — The newly-returned head of Lightspeed Commerce Inc. says the company is exploring how it can use generative artificial intelligence to help its customers. Dax Dasilva, chief executive of the Montreal-based technology company, says AI could be helpful for merchants wanting to write product descriptions if they have high volumes of merchandise. Article content Article content He also sees it as potentially useful for sellers looking to forecast how much they need to purchase for their next season, a task he called “labour-intensive.” “It requires a lot of attention by the business owner who has less and less time because they have to be great online, great in-store or in-restaurant,” he said Wednesday at the CIX Summit held at the Design Exchange in Toronto. “You have so many factors but AI can help with that process.” Lightspeed's interest in AI is in tandem with several other sectors that have been experimenting with how the technology can deliver efficiency a
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