By embedding A.I. across the business, we’ve now hit a major milestone: $1 million in revenue per employee, up from $369,000 ...

Klarna CEO Sebastian Siemiatkowski says AI can perform his job as it has reasoning capabilities. The buy-now, pay-later firm's cofounder said the realization made him feel "gloomy." ...

What is Klarna AI? Klarna was founded in 2005 and logs about 2 million transactions per day. Its AI shopping assistant is powered by OpenAI, the maker of ChatGPT and Dall-E.

In December 2023, Klarna’s CEO, Sebastian Siemiatkowski, told The Telegraph the company has elected not to hire any new employees outside of its engineering department because he believes AI can ...

But when it comes to tempering AI expectations, Klarna is far from alone. Just one in four AI projects delivers on the return on investment it promised, according to a recent IBM survey of 2,000 CEOs.

Klarna, which is getting ready to debut as a public company, was using the updated financials to tout AI as a driving factor for hitting 100 million users. It credited its use of AI for a fourth ...

Curious about Klarna? I tested this buy now, pay later app to see how it works, compares to credit cards, and whether the ...

Klarna eyeing IPO There might not be better timing for Klarna making itself more nimble with AI, as stocks producing and harnessing the technology enjoyed bumper increases in value in the last year.

Klarna, which provides buy now, pay later loans, told Bloomberg TV last December it stopped hiring in 2023 at the same time that it ramped up AI use among its ranks. However, even after it ...

Klarna partnered with ChatGPT maker OpenAI in 2023 and launched an AI customer service assistant using its technology a year later. The company said last year that AI was doing the work of 700 ...