Why Did American Express Acquire Artificial Intelligence Based Mezi?
American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success.
American Express Company recently acquired Mezi, a personal travel assistant app that uses artificial intelligence (AI) and human expertise to improve and personalize online travel discovery and booking. The acquirement of Mezi is part of an investment made by American Express Ventures in 2016.
Mezi will operate as a wholly-owned subsidiary of American Express from this point forward.
“I’m excited to welcome Mezi’s talented team to American Express. Together, we will continue to innovate mobile travel and concierge experiences for our customers.” -Phil Norman, Vice President of American Express Digital Labs.