on Circus SE (isin : DE000A2YN355)
Circus SE Projects EUR 1.1 Billion Revenue Surge Amid AI Expansion
Circus SE, a leader in AI solutions and robotics for the food service industry, has announced securing pre-orders for 8,400 AI systems, potentially generating EUR 1.1 billion in annual recurring revenue. This success highlights the company's strong market demand since its recent launch.
The company is further expanding its AI capabilities through strategic acquisitions to enhance its dominance in the sector. CircusAI, the company's proprietary software, boasts a vast dataset of over 200 million points to facilitate full autonomy in its robotics solutions.
Circus recognizes the critical role of AI in addressing labor shortages in the food service sector, vital for industry sustainability. With robust demand for more than 80 million autonomous AI robots worldwide, their technology offers significant automation solutions for operational challenges.
The company aims to initiate its first AI-centered acquisition by the end of the year, underscoring its commitment to advancing technological solutions through strategic expansions.
R. P.
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