AI Index / Similarweb Ltd.
Similarweb Ltd. (SMWB)
Similarweb's main sources of revenue are digital data services for web, sales, and shopper intelligence. AI contributes directly to these revenue sources as the company provides critical digital data to train large language models (LLMs) and engages with tech companies for LLM training. The integration of AI into products like SimilarAsk and Sam, as well as internal processes, further enhances customer engagement and operational efficiency. Overall, AI products contribute significantly to the company's revenue.
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The significant investment we have made over the years to build Similarweb unique digital data means that we are in a great position to benefit from the AI revolution.
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Quotes from similarweb Executives About Artificial Intelligence and Generative AI
Digital data is critical and fundamental component of every AI and LLM tech stack, and that is why many of the largest global tech companies are engaging with us to access our digital data to train their LLM and ensure their models are accurate and relevant.
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It is now also using Similarweb digital data to train its LLM, and we continue to engage with several other companies on similar opportunities.
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[...] integrating AI into our own products and solution to help them increase their users and speed to insights for our customers.
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[...] integrating AI into our own internal process and tools, driving more efficiency and reducing costs. We're already seeing improvement in the development cycle around our engineering [...]
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