Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M (Laura Mandaro/The Information)

Laura Mandaro / The Information:
Yelp acquires Hatch, which charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments, for $300M  —  Recommendation app Yelp on Wednesday said it agreed to acquire AI agent startup Hatch for $300 million, or roughly 12 times the startup's annual recurring revenue.

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