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Decagon claims its customers service bots are smarter than average | TechCrunch

Jun 18, 2024 - techcrunch.com
Decagon, a generative AI platform co-founded by Jesse Zhang and Ashwin Sreenivas, aims to automate various aspects of customer support channels. Despite criticism that AI could lead to job losses and errors, Zhang believes that AI will augment workers and allow them to focus on more meaningful tasks. Decagon's AI-powered chatbots, which can be fine-tuned to understand a business's knowledge bases and historical customer conversations, have attracted clients such as Eventbrite, Bilt, and Substack. The company has raised $35 million in funding and plans to use the money for product development and workforce expansion.

Zhang acknowledges the competition in the AI-powered customer support market, which includes tech giants like Google and Amazon as well as startups. However, he believes Decagon's engineering expertise and customer-focused approach give it an advantage. The company's chatbots learn from past conversations and feedback and can integrate with other apps to perform tasks on behalf of the customer or agent. Zhang reassures potential clients that Decagon's models are optimized for each customer in a way that prevents data exposure to other customers.

Key takeaways:

  • Jesse Zhang and Ashwin Sreenivas co-founded Decagon, a generative AI platform designed to automate various aspects of customer support channels.
  • Despite the crowded market, Decagon believes its engineering expertise and customer-focused approach give it an advantage in the AI-powered customer support sector, which could be worth $2.89 billion by 2032.
  • Decagon's AI models are capable of learning from past conversations and feedback, and can integrate with other apps to perform tasks on behalf of the customer or agent.
  • Decagon has attracted notable clients like Eventbrite, Bilt, and Substack, and has raised $35 million in funding, with plans to invest in product development and workforce expansion.
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