• bitcoinBitcoin(BTC)$84,717.000.84%
  • ethereumEthereum(ETH)$2,711.281.12%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$777.991.00%
  • rippleXRP(XRP)$1.53-0.58%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$124.113.44%
  • tronTRON(TRX)$0.333876-0.89%
  • zcashZcash(ZEC)$1,658.939.06%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.063.69%
  • HyperliquidHyperliquid(HYPE)$93.031.58%
  • dogecoinDogecoin(DOGE)$0.0975090.46%
  • chainlinkChainlink(LINK)$14.302.11%
  • moneroMonero(XMR)$558.331.02%
  • whitebitWhiteBIT Coin(WBT)$84.560.93%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.2558170.66%
  • RainRain(RAIN)$0.0127057.65%
  • leo-tokenLEO Token(LEO)$9.061.09%
  • stellarStellar(XLM)$0.2172780.30%
  • nearNEAR Protocol(NEAR)$5.258.95%
  • bitcoin-cashBitcoin Cash(BCH)$340.111.05%
  • uniswapUniswap(UNI)$10.075.00%
  • litecoinLitecoin(LTC)$71.91-2.55%
  • CantonCanton(CC)$0.1368471.28%
  • suiSui(SUI)$1.257.86%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • avalanche-2Avalanche(AVAX)$11.075.04%
  • daiDai(DAI)$1.00-0.03%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.6110.86%
  • USD1USD1(USD1)$1.000.01%
  • hedera-hashgraphHedera(HBAR)$0.0948571.26%
  • BittensorBittensor(TAO)$331.165.20%
  • shiba-inuShiba Inu(SHIB)$0.0000061.42%
  • crypto-com-chainCronos(CRO)$0.0682824.39%
  • Global DollarGlobal Dollar(USDG)$1.00-0.02%
  • BitwayBitway(BTW)$1.0819.89%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • MemeCoreMemeCore(M)$1.21-0.66%
  • EthenaEthena(ENA)$0.268130-3.02%
  • tether-goldTether Gold(XAUT)$4,279.930.01%
  • OndoOndo(ONDO)$0.54-0.21%
  • quant-networkQuant(QNT)$177.4369.79%
  • okbOKB(OKB)$121.620.83%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • aaveAave(AAVE)$155.881.94%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.12%
  • mantleMantle(MNT)$0.69-2.62%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Chipotle using AI to open new locations with short time frame

June 10, 2025
in Business
Reading Time: 2 mins read
A A
Chipotle using AI to open new locations with short time frame
ShareShareShareShareShare

Artificial intelligence is helping Chipotle rapidly grow its footprint, according to CEO Scott Boatwright.

YOU MAY ALSO LIKE

Rob Bonta’s Paramount-WBD debacle has created political chaos

US jury says Apple owes record $5.7 billion in patent case against San Diego company

On Monday, Boatwright told Fortune at the outlet’s COO summit that the company “will open a new Chipotle restaurant this year almost every 24 hours” amid the chain growing at an “exponential rate.”

“And if you think about the growth that’s ahead of us and the need for highly capable, purpose-driven, value-oriented individuals is more critical today than it probably ever has been for our brand,” he said.

The company’s AI-powered Ava Cado hiring tool has helped shorten the time it takes Chipotle to hire new employees by roughly 75%, Boatwright said, according to the outlet.

Ava Cado is part of the AI-infused hiring system that Chipotle unveiled in October 2024 through a partnership with Paradox. Ava Cado’s capabilities include talking with candidates, answering their questions about Chipotle, collecting basic information, scheduling interviews for hiring managers and sending offers to candidates who are selected by managers, Chipotle has said.

A Chipotle restaurant is seen on March 5, 2014 in Miami, Florida. Getty Images

Boatwright said faster hiring times “not only helps us keep our restaurants staffed, but ensures we have the best talent that’s available in the industry,” according to Fortune.

During his summit appearance, he also said that when it came to AI, Chipotle looks to “remove waste and expand or enhance the team member experience” rather than replacing humans, the outlet reported.

At Chipotle, AI has also been deployed by the chain to entice customers back to restaurants through deals offered through its rewards program and to customize offers for customers, per Fortune.

Workers prepares meals at Chipotle Mexican Grill in West Bloomfield, Michigan on Thursday, January 26, 2006. BLOOMBERG NEWS

There were nearly 3,800 Chipotle restaurants globally at the end of March, including nearly 3,700 across the United States, according to the company’s first-quarter earnings report.

The company aims to launch 315 to 345 new restaurants in 2025, Chipotle has said. During Chipotle’s earnings call in April, Boatwright said 80% of those will include a Chipotlane drive thru pick-up lane.

Pedestrians walk past a Chipotle Mexican Grill Inc. location in New York, U.S., on Wednesday, Oct. 17, 2012. Bloomberg

Chipotle generated nearly $2.9 billion in total revenue during the first-quarter, a 6.4% increase from the same three-month period last year. Its net income, meanwhile, widened to $386.6 million.

Its second-quarter financial results are slated to be released in July.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Rob Bonta’s Paramount-WBD debacle has created political chaos
Business

Rob Bonta’s Paramount-WBD debacle has created political chaos

September 27, 2026
US jury says Apple owes record .7 billion in patent case against San Diego company
Business

US jury says Apple owes record $5.7 billion in patent case against San Diego company

September 27, 2026
Costco receives 4M in tariff refunds
Business

Costco receives $184M in tariff refunds

September 26, 2026
See which California Starbucks locations are closing across the state
Business

See which California Starbucks locations are closing across the state

September 26, 2026
Next Post
Should I Tell My Wife That We’re Secretly Wealthy?

Should I Tell My Wife That We're Secretly Wealthy?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
White House lowers U.S. flag to honor Dolly Parton

White House lowers U.S. flag to honor Dolly Parton

September 24, 2026
Taking a test lap on the streets of IndyCar’s D.C. Grand Prix

Taking a test lap on the streets of IndyCar’s D.C. Grand Prix

September 25, 2026
Rayonier: The Market Is Punishing The Share Price Too Much (NYSE:RYN)

Rayonier: The Market Is Punishing The Share Price Too Much (NYSE:RYN)

September 20, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!