by Bernadette Heier | Jan 8, 2025 | News Briefs
Presto Automation, a provider of voice AI technology for the restaurant industry, has sold its assets to a venture capital group led by Remus Capital. The deal closed in December and includes an $18 million capital inclusion to support the company’s growth and...
by Adam Wahlberg | Nov 14, 2024 | Automation, News
Andrew Charles, a senior restaurant analyst at TD Cowen, has seen the future of drive-thru. Rather, he’s heard it. “Voice AI is showing a check lift where it is being used today,” he told the audience at the Restaurant Finance & Development Conference. “The reason...
by Bernadette Heier | Jul 30, 2024 | News, News Briefs
Bojangles has no qualms about accelerating its investment in drive-thru voice AI. Following a successful pilot with Hi Auto, an AI drive-thru voice provider, the chain signed an agreement to roll out the tech in hundreds of its 800 locations, in both franchisee and...
by Bernadette Heier | Jul 10, 2024 | News
Fueled by the restaurant industry’s push to use tech for better efficiency, two big AI-voice ordering players have teamed up. ConverseNow, which automates ordering for restaurants with AI, announced Tuesday it’s acquiring Valyant AI, a provider of drive-thru...
by Bernadette Heier | Jun 18, 2024 | Automation, News
While news of restaurants adopting voice AI in drive-thrus continues to circulate, fast food giant McDonald’s is pulling the plug—for now. The chain informed franchisees in an email that it would shut off the technology in more than 100 locations by the end of July. ...