As of this week, eight NFL teams remain in contention for Super Bowl LIV. Five of them power their stadiums using A.I. from Satisfi.
Despite expanding into music festivals and other notable entertainment venues, Satisfi co-founder and CEO Don White says that sports remain the company's number one priority.
The technology gathers stadium data from a number of resources like employees and websites and then makes that information available to fans through voice assistants.
"Whether it be a Google Assistant, Amazon Alexa, and Siri Apple products," White told Cheddar on Monday. "We're really providing more content that fans want to these devices."
Questions answered by these devices can include "Where's the nearest bathroom?" or "Where's my favorite beer?" White says Satisfi can take the data it gleans from these conversations to inform the venue.
"People want certain kinds of beer," White said. "We're able to take that information to beer providers or stadiums and say, 'this is what people want. Stock more of that and they'll buy.'"
In March of last year, Satisfi got some major league backing. Major League Baseball led a $6 million funding round that resulted in a new product launch.
"It's all about voice and commerce," White said. "We launched a ticketing platform this year so that you can buy your tickets through a conversation with a bot on a website."
Satisfi is not yet profitable because of continual re-investment in the business, says White, and further global expansion is in the cards on the heels of the company's recent launch in London. He also teased "looking at something in Asia."
"If anybody wants me to go profitable, I can go profitable right now," White said. "But we're trying to grow the business rapidly and that's why we're investing in it."
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
