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...
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...
ConverseNow, a voice AI technology provider for restaurants, has partnered with Adora POS to streamline the phone ordering process. Users of Adora POS can now access ConverseNow’s voice AI solutions. Voice AI provided by ConverseNow caters to customers who would...
Yum Brands remains bullish on technology as a key driver of growth and operational efficiency. In its latest earnings call, the company, home to brands such as Taco Bell, KFC, and Pizza Hut, shared its ambition to become “a leading digital restaurant company”...
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...
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.