HomeBusinessConsumer ServicesPresto Automation (PRST) CEO On Artificial Intelligence In Restaurants
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.

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23 Sep 2022

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