Live Verdure Ltd (AU:LV1) has released an update.
Live Verdure Ltd has reported a successful initial commercialisation of their AI technology ‘Ava’, an intelligent on-site sales agent, which resulted in a 52% increase in chat-initiated orders for their Health & Wellness brand, Edible Beauty. Following these promising results, Live Verdure has signed a Memorandum of Understanding with Decidr Group to further commercialise the AI across various industries, with an investment commitment of AUD 10 million contingent on achieving specific milestones. The AI-driven solutions have demonstrated significant improvements in customer engagement and sales conversions, surpassing previous human-powered chat functions.
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