Wix.com Ltd
What Happened? These offerings equip Wix users with AI technology that significantly streamlines the entire website-building, design, and management process. They offer more automated tools to operationalize and grow their businesses with never-before-seen ease.
Why Does It Matter? Avishai Abrahami, Co-Founder and CEO of Wix, "We're on the edge of something truly amazing, and we will keep advancing our offerings as AI technology progresses to enable users to grow their businesses and have success with more efficiency and creativity than ever before."
Wix.com's upcoming AI features include AI Site Generator, AI Assistant Tool for Managing your Business, AI Page Section Creator, and Object Eraser.
The AI Site Generator is a tool that enables Wix users to describe their intent, and it instantly generates a professional and unique website. The tailor-made website is complete with a homepage and all inner pages with text, images, and any business solution, including Stores, Bookings, Restaurants, Events and more.
The AI Assistant Tool for Managing Business will suggest improvements for businesses and create individualized strategies based on analytics and site trends. It streamlines day-to-day tasks to help elevate business management to the next level.
The AI Page and Section Creator will enable users to quickly add a new page or section to a website by describing their needs, and AI will generate the layout, design and text.
The Object Eraser enables users to extract and manipulate subjects seamlessly from images.
Price Action: WIX shares traded higher by 0.81% at $80.02 premarket on the last check Monday.
