Welcome to our dedicated page for Twilio news (Ticker: TWLO), a resource for investors and traders seeking the latest updates and insights on Twilio stock.
Twilio Inc. (NYSE: TWLO) is regularly featured in news coverage as a customer engagement platform that combines communications, data and AI to support real-time, personalized experiences for leading brands. News about Twilio often centers on product announcements, platform enhancements, financial results, research reports and partnerships that illustrate how the company’s technology is used in practice.
Recent press releases have highlighted Twilio’s quarterly financial results, where the company reports revenue, income from operations, cash flow and operating metrics such as Active Customer Accounts and Dollar-Based Net Expansion Rate. These updates are accompanied by commentary on customer demand across segments and guidance ranges for future periods, and are typically followed by conference calls with the investment community.
Product-focused news includes announcements about Twilio Segment’s data reliability and access features, such as Granular Observability, an Alerting Hub, expanded APIs and Auto-Instrumentation, as well as the global general availability of Rich Communication Services (RCS) messaging through Twilio’s Programmable Messaging and Verify APIs. These stories describe how Twilio aims to support trusted, rich and interactive customer communications and provide data teams with tools to monitor and manage customer data.
Twilio also publishes research-driven news, such as the Inside the Conversational AI Revolution report, which examines how organizations and consumers view conversational AI in customer service, sales and marketing. In addition, the company announces AI Startup Searchlight Award honorees, showcasing startups that build AI-powered customer engagement experiences on Twilio’s platform.
Other news items cover marketing and brand initiatives, including a multi-year partnership with the LA Kings of the National Hockey League, where Twilio is the official away helmet partner and its technology is used to enhance fan communications. Investors and observers can use the TWLO news feed to follow these developments across financial performance, technology evolution, AI initiatives and strategic partnerships.
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Twilio and Frame AI have announced a partnership to enhance customer engagement within Twilio Flex using AI. This collaboration follows Twilio's recent launch of CustomerAI, which combines large language models with customer data. Frame AI will enable Flex customers to utilize Natural Language Processing and Understanding to analyze customer intent and case severity, build reports, and make critical decisions.
The partnership aims to transform contact center experiences by providing decision-makers with key insights and recommendations to optimize operations. Features will include AI-powered analysis of customer interactions, intent categorization, and case summarization. This integration is expected to help businesses reduce costs, build valuable customer relationships, and leverage contact center data more effectively.
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Twilio unveiled CustomerAI ahead of its SIGNAL 2023 conference, combining large language models (LLMs) with customer data from its Customer Engagement Platform. This technology aims to help companies better understand and provide value to their customers by organizing and pairing customer knowledge with generative and predictive AI capabilities.
CustomerAI will enhance various aspects of customer engagement, including:
- Enriching Segment's 'Golden Profiles' with real-time customer traits
- Transforming contact centers with AI-driven insights and recommendations
- Optimizing personalized marketing experiences
- Visualizing and controlling critical customer metrics
Twilio emphasizes its commitment to building CustomerAI safely and responsibly, ensuring privacy and security by design in its product development lifecycle.
KORE Group Holdings, Inc. (NYSE: KORE) has closed the acquisition of Twilio's IoT business unit, positioning itself to become the world's first IoT hyperscaler. As consideration, KORE issued Twilio 10 million shares of common stock, representing approximately 11.5% of KORE's issued and outstanding shares.
The acquisition enhances KORE's portfolio of services, including:
- A powerful connectivity suite with eSIM technologies
- A one-stop-shop for IoT operations across the entire lifecycle
- Accelerated time to market through global support and 20 years of IoT experience
- The ability to address every touchpoint across the IoT journey
In connection with the acquisition, KORE is granting equity inducement awards to 18 former Twilio employees, covering up to 1,760,268 shares of KORE common stock.
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