Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M (Laura Mandaro/The Information)

https://ift.tt/xVF32OB

Laura Mandaro / The Information:
Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M  —  Recommendation app Yelp on Wednesday said it agreed to acquire AI agent startup Hatch for $300 million, or roughly 12 times the startup's annual recurring revenue.

from Techmeme https://ift.tt/B0tZmKr