Presto Automation (PRST) CEO On Artificial Intelligence In Restaurants

Presto Automation (PRST) uses artificial intelligence to automate speech recognition for restaurant drive-thrus. CEO, Rajat Suri, joins Caroline Woods to give an overview of the company and discuss how it began trading following, September 22nd, following a SPAC merger. He talks about how when restaurants use AI, they are less dependent on low-wage staff and are more recession resistant. He also notes that the merger will result in approximately $92.1M in gross proceeds, post-closing company. Finally, he talks about PRST’s growth plans for the future. Tune in to find out more about the stock market today.