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Vox AI to Debut the World’s Most Intelligent, Conversational Voice AI for Drive-Thru Restaurants at CES 2024

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Vox AI communicates in 35 languages with a nearly human response time, helping overworked drive-thru and quick service restaurant employees, increasing customer satisfaction and boosting revenue by up to 17%

AMSTERDAM, Dec. 21, 2023 /PRNewswire-PRWeb/ — Vox AI, today announced plans to debut its advanced machine learning technology designed for seamless restaurant drive-thru orders at CES 2024. An AI breakthrough that is efficient, conversational, and speaks 35 languages, Vox AI is the perfect tool for drive-thru and QSR (Quick Service Restaurant) businesses to relieve overworked employees, boost revenues by up to 17%, and increase ROI by 14 times. Vox AI will demonstrate its technology at CES Unveiled Las Vegas on Sunday evening, January 7, 2024, and as part of the NL Tech Pavilion in Eureka Park at the Venetian Expo, Booth 62100, from January 9-12, 2024. View a short video of Vox AI in action here.

“We want to redefine human-AI interaction, making it so seamless and intuitive that it becomes a natural part of daily life,” said Maurice Kroon, founder and CEO of Vox AI. “We’re not just developing a tool; we’re cultivating a new standard for communication.”

Drive-thrus are a quintessentially American phenomenon. There are over 200K drive-thru restaurants in the U.S. — which represent about 70% of fast food sales. Increasing efficiency is one of the primary goals of drive-thru restaurants, but current technology to place drive-thru orders is often inefficient. Response times lag, order accuracy is low, and there is an overall disconnect with the synthetic, often garbled voice on the other side of the speaker. Bypassing all competitors with a voice AI that is perceptive, multilingual, highly accurate, and able to replicate the speed, tone and rhythms of a human voice, Vox AI is currently in the midst of a proof-of-concept pilot with one of the world’s largest fast food chains.

Drive-thru restaurants also have a history of innovation: the first two-way speaker was invented in 1948 by the founder of In-N-Out Burger, and the fast food and QSR industry expanded rapidly in the second half of the 20th century. According to a recent study, 47% of Americans won’t even go to a store that doesn’t have a drive-thru. One of the major benefits of drive-thrus is their ability to serve more customers at a faster pace. Vox AI’s technology will shorten drive-thru lines, improve customer satisfaction, free up employees for more productive tasks and create new upselling opportunities, with an estimated 17% increase in revenue. Additionally, Vox AI can be used in any industry that needs a boost in efficiency without customers feeling like they’re talking to a computer.

“We want to redefine human-AI interaction, making it so seamless and intuitive that it becomes a natural part of daily life,” said Maurice Kroon, founder and CEO of Vox AI. “We’re not just developing a tool; we’re cultivating a new standard for communication. We’ve assembled a group of world-class experts in AI and technology alongside veterans in the QSR business, all united by a shared mission to innovate and excel. Our culture is one of relentless pursuit of excellence and a deep commitment to industry transformation.”

Interested media, industry partners and investors are invited to schedule an appointment at CES 2024 between January 7-12 in Las Vegas to see the advancements of Vox AI. Contact VoxAI@wearemgp.com to set up a meeting at CES 2024 or learn more at https://voxai.tech.

Access the Vox AI press kit here.

About Vox AI

Vox AI is the creator of the world’s most efficient, conversational, human-like AI for drive-thru restaurants. An AI breakthrough that is efficient, conversational and speaks 35 languages, Vox AI is the perfect tool for drive-thru businesses to relieve overworked employees and increase ROI by up to 14x. Vox AI has bypassed all competitors with an artificial intelligence that is perceptive, multilingual, highly accurate and able to replicate the speed, tone and rhythms of a human voice. The advancements from Vox AI will shorten drive-thru lines, improve customer satisfaction, free up employees for more productive tasks and create new upselling opportunities, with the increase in revenue estimated to be approximately 17%.

Founded in October 2023, Vox AI is a privately held company based in Amsterdam. Follow Vox AI on LinkedIn, or learn more at https://www.voxai.tech.

Media Contact

Mindy M. Hull, Vox AI, 1 415 889 9977, voxai@wearemgp.com, https://voxai.tech

Michael Held-Hernandez, Vox AI, 1 480 306 1154, voxai@wearemgp.com, https://voxai.tech

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SOURCE Vox AI

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Novo AI’s Solution Boosts APRIL International’s Efficiency by 400%

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SINGAPORE, Nov. 25, 2024 /PRNewswire/ — In just a few months, Novo AI’s advanced solution has elevated APRIL International’s performance across Thailand, Vietnam, Hong Kong, and Singapore, achieving more than three fold increase in efficiency and setting new benchmarks in private medical insurance. What was once a slow, costly process is now faster, more profitable, and delivers happier customers. Here’s what happened.

Pressing Challenges Undermining the Profitability of the Insurance Sector

As a leading provider in the private medical insurance sector, APRIL International faces the ongoing challenge of managing vast volumes of complex medical claims. The high influx of non-standard documents requires extensive manpower to interpret and validate unstructured data, contributing to inefficiencies and high operational costs.

Additionally, regional fraud and abuse levels range between 15%-35% from country to country, making it crucial for a company like APRIL International to identify a solution that captures fraud and abuse at scale, enhances efficiency and bolsters profitability.

Old Problems Require New Solutions

Facing a growing challenge, APRIL International was looking for a solution aimed at eliminating critical operational inefficiencies. One of their top priorities was to streamline document ingestion and management for healthcare claims, enabling real-time detection of inconsistencies across claims, providers and practitioner data. Crucially, this solution needed unwavering accuracy across 100% of claims and rapid deployment.

The answer came from Novo AI. Their advanced solution generated a 230% boost in productivity and a 400% lift in efficiency for APRIL International. Tasks that once took 10 days now require only 2, with the system surpassing human accuracy in processing not only digital data, but also handwriting and stamps.

Novo AI’s CEO highlights, “Our solution delivers high accuracy claim-handling from day one and can adapt to specific business requirements without retraining. We streamline claim processing and fraud detection independently of policy writing, resulting in faster claim management. A faster claim process means happier customers for APRIL International, and in return, for Novo AI as well.

APRIL International’s CEO remarks: “Insurance involves processing vast amounts of data daily. Novo AI has allowed us to significantly accelerate our claims processing and detect fraud and abuse, enabling us to reduce unnecessary expenses and improve loss ratios across the region. We’re excited by further developments who will help us optimize further for an improved customer experience and profitability.

This success marks a pivotal innovation in insurance, setting new industry standards. In its early stages of widespread adoption, Novo AI is already gearing up to deliver even more groundbreaking GenAI solutions.

For more info: partnerships@heynovo.ai 

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SOURCE Novo AI

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Kuaishou Technology to Become Constituent of Hong Kong’s Hang Seng Index

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HONG KONG, Nov. 25, 2024 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, is pleased to announce that the Company has been selected and will be included as a constituent stock of the Hang Seng Index (HSI), effective from December 9, 2024, following the results of the Hang Seng Indexes Company’s review of the Hang Seng Family of Indexes, released on November 22, 2024.

The Company believes that this inclusion reflects the capital market’s recognition of the Company’s outstanding business performance and growth prospects. It marks an important milestone in the Company’s business development and is expected to further enhance the Company’s trading liquidity and valuation in the capital market.

In addition, Kuaishou will be included in the HSI ESG Enhanced Index and HSI ESG Enhanced Select Index, effective from December 9, 2024, highlighting the Company’s long-standing commitment to social responsibilities and sustainable development.

The HSI is one of the most widely quoted Hong Kong stock market indicators by global capital markets. The enhanced HSI will strengthen its coverage of the major Industry Groups, maintaining its status as the key benchmark for the overall performance of the Hong Kong stock market. Hang Seng Indexes Company Limited selects HSI’s constituent stocks using rigorous criteria, taking into consideration different aspects of a candidate company including its market value and turnover, its index weighting by Industry Group, and its financial performance, among others.

About Kuaishou

Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:
Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com

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SOURCE Kuaishou Technology

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Hurom H400 Named Best Kitchen Product of 2024 by Forbes

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Mega Hopper Maximizes Convenience with Easy Assembly and Cleaning

High-Quality, Pulp-Free Juicing Performance Praised

SEOUL, South Korea, Nov. 25, 2024 /PRNewswire/ — Hurom’s flagship H400 juicer has been awarded Best Kitchen Product of the Year by Forbes as part of the 2024 Forbes Vetted Best Product Awards.

Each year, Forbes selects top products across nine categories—including kitchen, beauty, fashion, tech, and travel—using rigorous criteria such as quality, value, user convenience based on hands-on testing, and customer reviews. This year’s award-winning products all received high marks for their exceptional quality, innovative technology, and high consumer satisfaction.

The Hurom H400 juicer stood out for its impressive performance, user-friendly design, and elegant look, securing its position as the top kitchen product for 2024.

Featuring low-speed extraction technology, the H400 maintains the nutrients in fruits and vegetables, enhancing juice quality. By minimizing heat during extraction, it allows consumers to fully retain and enjoy the nutrients found in fruits and vegetables, while preventing oxidation for a fresher taste. With its powerful juicing capability, Forbes noted that the H400 delivers smooth, pulp-free juice with rich flavor.

The innovative Mega Hopper also lets users place whole fruits and vegetables directly into the juicer, where they are automatically cut, reducing prep time. Designed for simplicity from assembly to cleaning, the H400’s convenience features contributed significantly to its high ratings in the Forbes evaluation.

With a sleek, modern design that complements kitchen decor, the Hurom H400 also includes a built-in puree cup that collects pulp during juicing, maximizing space efficiency and earning positive design feedback.

Jaewon Kim, CEO of Hurom, shared, “We are honored to see the Hurom H400’s quality recognized internationally. Hurom will continue to bring innovative, user-centered products to consumers around the world, promoting the value of health and wellness.”

Earlier in February, the Hurom H400 received praise from Forbes as the Best Juicer for its low-speed extraction technology and user-friendly features. Additionally, in 2023, the Hurom H200 earned the title of Best Juicer Overall from Forbes, recognized for its exceptional ease of use.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/hurom-h400-named-best-kitchen-product-of-2024-by-forbes-302311064.html

SOURCE HUROM

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