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

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Sebastian Siemiatkowski said he believed AI would increasingly replace white-collar jobs. Klarna previously said its AI assistant was doing the work of 700 full-time customer service agents.

Klarna had credited an improvement in its financial performance to AI, with net losses declining from 854 million Swedish Krona, around $84 million, during the second quarter of 2023, to 10 ...

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 ...

Is Klarna building an AI-first model for its users, or simply crafting a compelling narrative for its much-anticipated IPO?

Klarna has embraced AI. In February, the Swedish company said its AI assistant was "doing the equivalent work" of 700 full-time human agents.

" We see AI as a huge opportunity for Klarna and the way we are approaching it is to provide everyone at Klarna with the tools and support to use AI in their day-to-day jobs," David Sandstrom ...

Klarna brands itself as an AI company and has "streamlined" its workforce by 40% since 2022. Klarna's Q1 results show revenue growth but see a spike in net and credit losses.

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.

Klarna CEO Sebastian Siemiatkowski says the company is in a partial hiring freeze. Siemiatkowski said the change was due to the potential of AI-powered tools such as ChatGPT. He told The Telegraph ...