monday.com Unveils Platform-Wide AI Shift: The Work Execution Era Arrives | MNDY Stock News

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3 days ago
  • monday.com Ltd. (MNDY, Financial) has launched three new AI-powered capabilities: monday magic, monday vibe, and monday sidekick.
  • The new features aim to enhance productivity and make AI accessible to teams without technical expertise.
  • monday.com reports over 150% growth in AI adoption quarter over quarter, with more than 26 million AI-driven actions completed.

monday.com Ltd. (MNDY) has introduced a significant update to its platform with the unveiling of three new AI-powered features: monday magic, monday vibe, and monday sidekick. This release is a key part of the company's strategy to transition from work management to work execution, aiming to empower teams with scalable, efficient AI solutions without needing technical skills.

The company, known for creating intuitive products for managing work, has built these new capabilities based on real customer needs. By integrating AI into its core platform, monday.com enhances its accessibility and productivity, offering teams the ability to execute tasks more effectively.

The three new tools serve distinct functions:

monday magic: Allows users to create custom workflows with a simple verbal prompt, translating business needs into functional solutions instantly.

monday vibe: An AI-enhanced platform for building secure, custom business applications without code, adhering to enterprise-grade security standards.

monday sidekick: A personal digital assistant that proactively assists users with tasks, tailored to their role and company context.

Since implementing its AI strategy, monday.com has seen remarkable growth, with a 150% increase in the adoption of AI features and over 26 million AI-driven actions performed by the end of Q1.

This innovation positions monday.com to further broaden AI adoption across its platform, potentially increasing its market impact and effectiveness for enterprises and small-to-medium-sized businesses (SMBs) alike. The company continues to emphasize easy adoption and flexible solutions as its core principles, catering to a diverse customer base of approximately 245,000 users globally.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.