The upcoming AI Site Generator will create an
entire website complete with text, images and business solutions
within seconds
NEW
YORK, July 17, 2023 /PRNewswire/ -- Wix.com Ltd.
(NASDAQ: WIX), a leading global SaaS platform to create, manage and
grow an online presence, today announced its plans to launch the AI
Site Generator, along with a suite of AI-powered capabilities, many
of which are already available to users. These offerings equip Wix
users with AI technology that significantly streamlines the entire
website-building, design and management process, offering more
automated tools to operationalize and grow their businesses with
never-before-seen ease.
"We are fully committed to bringing our users fully-integrated
innovations, such as the AI Site Generator, that have excellent
user experiences to ultimately drive forward the next generation of
website creation," said Avishai
Abrahami, Co-Founder and CEO of Wix. "These new tools
leverage the strength and dedication of our Data Science team, who
have been leaders in integrating the power of AI and delivering it
directly to Wix users. We're on the edge of something truly
amazing, and we will keep advancing our offerings as AI technology
progresses to enable users to grow their businesses and have
success with more efficiency and creativity than ever before."
Features Coming Soon
- AI Site Generator is a groundbreaking tool that
enables Wix users to describe their intent and it instantly
generates a professional and unique website. The tailor-made
website is complete with a homepage and all inner pages with text,
images, and any business solution including Stores, Bookings,
Restaurants, Events and more. Users can continue to customize the
site and edit based on their needs with integrated AI tools.
- AI Assistant Tool for Managing your Business will
suggest improvements for businesses and create individualized
strategies based on analytics and site trends. It streamlines
day-to-day tasks to help elevate business management to the next
level.
- AI Page and Section Creator will enable users to quickly
add a new page or section to a website by describing their needs,
and AI will generate the layout, design and text.
- Object Eraser enables users to seamlessly extract
subjects from images and manipulate them.
Available AI-Powered Features
Web Creation:
- AI Text Creator combines Wix's deep knowledge of site
creation with ChatGPT to give users the ability to generate
high-quality, personalized content for particular sections of a
website including tailored titles, taglines and paragraphs.
- AI Template Text Creator creates all the text for a
new website. After choosing a ready-made template and inputting a
brief description of the site, the tool generates unique textual
content for the entire site, including the homepage and the inner
pages.
- AI Domain Generator helps users choose the
perfect name for their brand from different options of unique,
catchy, and relevant domain names.
Design:
- Alternative Layouts tool helps users redesign
layouts within their website in a single click.
- AI Image Creator enables users to simply describe the
image they want and a unique image is generated.
- Auto Background Removal and the Auto Enhance
tools refine photos and upgrade their quality to match the look and
feel sought for a website.
- Auto-Generated Trailer tool quickly transforms
video files into professional-looking trailers.
eCommerce:
- Product Descriptions make it simple to describe
eCommerce products almost instantly.
- Product Recommendations is used to present
customers with relevant products they might be interested in
purchasing to improve sales.
Read more from Abrahami's blog to users about the AI updates
here.
About Wix.com Ltd.
Wix is a leading platform to
create, manage and grow a digital presence. What began as a website
builder in 2006 is now a complete platform providing users with
enterprise-grade performance, security and a reliable
infrastructure. Offering a wide range of commerce and business
solutions, advanced SEO and marketing tools, Wix enables users to
have full ownership of their brand, their data and their
relationships with their customers. With a focus on continuous
innovation and delivery of new features and products, anyone can
build a powerful digital presence to fulfill their dreams on
Wix.
For more about Wix, please visit our Press Room.
Media Relations Contact: PR@wix.com
Forward-Looking Statements
This document contains
forward-looking statements, within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties. Such forward-looking
statements may include projections regarding our future
performance, including, but not limited to revenue, bookings and
free cash flow, and may be identified by words like "anticipate,"
"assume," "believe," "aim," "forecast," "indication," "continue,"
"could," "estimate," "expect," "intend," "may," "plan,"
"potential," "predict," "project," "outlook," "future," "will,"
"seek" and similar terms or phrases. The forward-looking statements
contained in this document, including the quarterly and annual
guidance, are based on management's current expectations, which are
subject to uncertainty, risks and changes in circumstances that are
difficult to predict and many of which are outside of our control.
Important factors that could cause our actual results to differ
materially from those indicated in the forward-looking statements
include, among others, our expectation that we will be able to
attract and retain registered users and generate new premium
subscriptions, in particular as we continuously adjust our
marketing strategy and as the macro-economic environment continues
to be turbulent; our expectation that we will be able to increase
the average revenue we derive per premium subscription, including
through our partners; our expectations related to our ability to
develop relevant and required products using
Artificial Intelligence ("AI"), the regulatory environment
impacting AI related activities including privacy and intellectual
property aspects, and potential competition from third-party AI
tools which may impact our business; our expectation that new
products and developments, as well as third-party products we will
offer in the future within our platform, will receive customer
acceptance and satisfaction, including the growth in market
adoption of our online commerce solutions; our assumption that
historical user behavior can be extrapolated to predict future user
behavior, in particular during the current turbulent macro-economic
environment; our expectation regarding the successful impact of our
previously announced Cost-Efficiency Plan and other cost saving
measures we may take in the future; our prediction of the future
revenues generated by our user cohorts and our ability to maintain
and increase such revenue growth, as well as our ability to
generate and maintain elevated levels of free cash flow and
profitability; our expectation to maintain and enhance our brand
and reputation; our expectation that we will effectively execute
our initiatives to improve our user support function through our
Customer Care team, and that our recent downsizing of our Customer
Care team will not affect our ability to continue attracting
registered users and increase user retention, user engagement and
sales; our plans to successfully localize our products, including
by making our product, support and communication channels available
in additional languages and to expand our payment infrastructure to
transact in additional local currencies and accept additional
payment methods; our expectation regarding the impact of
fluctuations in foreign currency exchange rates, interest rates,
potential illiquidity of banking systems, and other recessionary
trends on our business; our expectations relating to the repurchase
of our ordinary shares and/or Convertible Notes pursuant to our
repurchase program; our expectation that we will effectively manage
our infrastructure; our expectations regarding the outcome of any
regulatory investigation or litigation, including class actions;
our expectations regarding future changes in our cost of revenues
and our operating expenses on an absolute basis and as a percentage
of our revenues, as well as our ability to achieve profitability;
our expectations regarding changes in the global, national,
regional or local economic, business, competitive, market, and
regulatory landscape, including as a result of COVID-19 and as a
result of the military invasion of Ukraine by Russia; our planned level of capital
expenditures and our belief that our existing cash and cash from
operations will be sufficient to fund our operations for at least
the next 12 months and for the foreseeable future; our expectations
with respect to the integration and performance of acquisitions;
our ability to attract and retain qualified employees and key
personnel; and our expectations about entering into new markets and
attracting new customer demographics, including our ability to
successfully attract new partners large enterprise-level users and
to grow our activities with these customer types as anticipated and
other factors discussed under the heading "Risk Factors" in the
Company's annual report on Form 20-F for the year ended
December 31, 2022 filed with the
Securities and Exchange Commission on March
30, 2023. The preceding list is not intended to be an
exhaustive list of all of our forward-looking statements. Any
forward-looking statement made by us in this press release speaks
only as of the date hereof. Factors or events that could cause our
actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statements,
whether as a result of new information, future developments or
otherwise.
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SOURCE Wix.com Ltd.