PayPal Hires Walmart Exec as CTO for AI
Srini Venkatesan joins PayPal to drive AI innovations and digital transformation PayPal has announced the appointment of Srini Venkatesan, a top tech executive from Walmart, as its new Chief Technology Officer. Venkatesan will spearhead the company’s advancements in artificial intelligence, machine learning, information security, and product engineering. Under the leadership of CEO Alex Chriss, who took the helm in September, PayPal is focusing on harnessing the power of AI to boost its offerings. Chriss, who has labeled 2024 as a “transition year” for PayPal, aims to enhance the company’s revenue streams beyond traditional transaction volumes. The recent launch of AI-based products, such as a platform that helps merchants attract new customers by analyzing their shopping history, is a testament to this strategy. Venkatesan’s extensive experience, including leading a 14,000-member team at Walmart’s U.S. Omni Platforms and Tech organization, is expected to be instrumental in PayPal’s AI-driven transformation. His expertise in technology and digital innovation aligns with PayPal’s mission to revolutionize global commerce. Chriss expressed confidence in Venkatesan’s ability to drive the company forward, stating, “Srini’s experience in leading technology and AI personalization will be invaluable as we execute our mission.” This strategic move signifies PayPal’s commitment to leveraging advanced technology to enhance its services and expand its market reach. Check out more on Paypal’s upcoming features here. TRENDING All Posts Music Video Trending NE-YO – 2 Million Secrets (Official Music Video) June 19, 2024/Read More ScarLip Drops New Video “She’s Hot” June 18, 2024/Read More Victoria Monét’s New “Alright” Music Video: June 14, 2024/Read More Larry June Drops New Video “Dreams” June 13, 2024/Read More Jessie Reyez & Big Sean Drop New “Shut Up” Video June 12, 2024/Read More BIA, JID – LIGHTS OUT (Official Music Video) June 10, 2024/Read More Ariana Grande Drops Star-Studded Music Video “The Boy Is Mine” June 7, 2024/Read More Lila Iké – He Loves Us Both (Official Video) ft. H.E.R. June 3, 2024/Read More Load More End of Content. LATEST NEWS All Posts Latest News Interview Featured Master P Launches Miller Family Foods June 20, 2024/Read More NE-YO – 2 Million Secrets (Official Music Video) June 19, 2024/Read More ScarLip Drops New Video “She’s Hot” June 18, 2024/Read More Tyler Perry’s Divorce in the Black – Official Trailer | Prime Video June 17, 2024/Read More Victoria Monét’s New “Alright” Music Video: June 14, 2024/Read More Larry June Drops New Video “Dreams” June 13, 2024/Read More Jessie Reyez & Big Sean Drop New “Shut Up” Video June 12, 2024/Read More Bad Boys: Ride or Die Dominates with $104M Debut June 11, 2024/Read More Load More End of Content. Join Our VIP List Subscribe To AO Don’t miss out on all the exciting news and updates, subscribe now! Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.