Marqeta Adds AI with New Generative Artificial Intelligence Tool

Global credit card management firm Marqeta (NASDAQ: MQ) has revealed its “Docs AI,” described as an AI-powered external-facing question and answer tool, which seeks to reduce the amount of time spent on coding and testing tasks by up to 75%.

Marqeta Docs AI is a generative AI tool powered by OpenAI’s Large Language Models to allow Marqeta customers to navigate through the Marqeta Docs site quickly.

Marqeta says the new AI tool is designed to create value by answering questions quicker and is emblematic to their objective of ongoing innovation.  Marqeta Docs AI is currently in beta with plans for general availability later this quarter.

Wendy Li, Senior Vice President of Emerging Technologies at Marqeta, notes that Generative AI is a global phenomenon with companies looking to see how it can boost productivity.

“Marqeta is investing in emerging technologies and the potential impact they can have on our business, and generative AI is at the top of our roadmap. The launch of Marqeta Docs AI opens the door to the possibility of additional tools that reduce time to value for our customers and increase the speed at which they see results from their Marqeta-powered programs.”

Li said the tools will improve the way that developers and customers interact with the platform, adding that they are following a strict security protocol to offer a trustworthy service.



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