Others might also recall that in December, the companyfreezed hiringon account of AI productivity gains.

Klarna partnered with OpenAI last year, integrating ChatGPT technology into a plug-in for shopping.

The app-based assistant can perform a range of customer service tasks such as inquiries, refunds, and returns.

Klarna deepens automation fears with claim AI assistant does work of 700 people

Its naturally available 24/7 and can communicate in over 35 languages.

Now, one month after theAIassistants global launch, Klarna says that the feature has been a huge success.

According to the buy-now-pay-later startup, the chatbot has handled two-thirds of its customer service chats.

Ioanna Lykiardopoulou

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Klarna also expects that the feature will drive a $40mn (37mn) investment improvement in 2024.

Meanwhile,analystshave linkedKlarnas announcement to a decline in Teleperformances shares earlier this morning.

TNW has reached out to Klarna for a comment and we will update the piece accordingly.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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