Pactum using AI to revolutionize shipping contract negotiations

Using artificial intelligence and chatbots to handle contract negotiations for shippers and suppliers may seem like science fiction, but Pactum believes it has created the technology that could arrange better deals for everyone.

Mountain View, California-based Pactum uses AI and machine learning to automate contract negotiations with the aim of getting the best deals for both parties without harming each other.

“The majority of commercial deals today are negotiated by people, but people are not...

https://www.freightwaves.com/news/pactum-using-ai-to-revolutionize-shipping-contract-negotiations

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