Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a close.
McDonald's (MCD) benefits from the robust loyalty program, menu innovation, expansion efforts and global comps growth. However, high costs hurt.
McDonald's is ending a two-year experiment, conducted with IBM Corp., for drive-through, automated order taking, or AOT, and will remove the technology, following some mishaps at the more than 100 res

McDonald's AI Drive-Thru Disappears

06:40am, Tuesday, 18'th Jun 2024
24/7 Insights McDonald's Corp. (NYSE: MCD) wants to cut labor costs to improve profits and its share price.
In the most recent trading session, McDonald's (MCD) closed at $253.51, indicating a -0.03% shift from the previous trading day.
MCD now features a dividend yield that's near peak levels in at least 5 years, indicating attractive valuation. But on the negative side, I am seeing high food price inflation as a key profit headwind
Blue-chip stocks to sell should be on investors' radars amidst the economic uncertainty. Interest rates have held steady at elevated levels, and the Federal Reserve is maintaining a cautious stance on
Companies have touted AI as future of the industry, but technology has also resulted in viral videos of wrong orders

McDonald's to end AI drive-thru test with IBM

01:28pm, Monday, 17'th Jun 2024
McDonald's is ending a test run of AI drive-thru with IBM in more than 100 restaurants. The technology will be shut off no later than July 26, according to a memo sent to franchisees late last week, o
After two years of testing, McDonald's has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to change the fast-food o
Angry customers reported glitches with the new technology -- including one who says the machine added nine sweet teas to her order.
McDonald's is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021 to develop and deploy the AI software.

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09:00am, Sunday, 16'th Jun 2024
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3M isn't a great company, but the stock is a decent value opportunity.  The perception of McDonald's brand is paramount to its franchise business model.
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