However, as investors in the industry evaluate restaurant companies, they need to change how they conduct their due diligence as AI alters the playing field. Today, the current market valuation for restaurant AI is estimated to be $9.68 billion and is expected to swell to $49 billion over the next five years. From the biggest chains to regional QSRs, restaurant operators are deploying AI with varying levels of effectiveness. Buyers in this market should focus on detailed technology diligence — far more so than in recent years and transactions. They must seriously assess the target’s AI effectiveness and determine if the investment will drive value or require more dollars.

Source: Forbes July 17, 2024 14:55 UTC