Yum! Brands, in collaboration with NVIDIA, is significantly expanding its use of AI technology in a bid to innovate the restaurant industry. The new AI is set to be deployed across 500 restaurants, including Taco Bell, Pizza Hut, and KFC outlets. This move will deliver solutions including voice ordering and is aimed at boost sales and cut costs. Yum! Brands, the parent of Taco Bell, is expected to be the first restaurant company to integrate AI into its drive-thru experience. JPMorgan is backing the company's expansion plans. In addition, various wealth management firms are acquiring YUM shares showing optimistic outlook towards the brand. Meanwhile, despite weakness in KFC and Pizza Hut brands, the company stocks are near all-time highs thanks to strong Taco Bell sales. The company is taking bold steps using AI to enhance both customer and team member experiences worldwide, hence planning to use AI technology in drive-thru lanes. The shift in approach could give Yum! Brands an edge in the fast-food market.
Yum! Brands YUM News Analytics from Mon, 06 Jan 2025 08:00:00 GMT to Sat, 22 Mar 2025 11:22:16 GMT -
Rating 7
- Innovation 9
- Information 7
- Rumor -1
