by Mark Albertson
At the tech world’s poker table, Coupa Software Inc. is betting that $10 trillion in cumulative spend gives it an edge in artificial intelligence. Who’s to say it’s wrong?
Coupa CEO Leagh Turner unveiled new AI offerings during Coupa Inspire in Las Vegas.
That’s how much Coupa’s executives say has been run through the company’s platform for the 20 years it has been offering business spend management and supply chain services. Coupa, which was taken private by Thoma Bravo in an $8 billion deal in 2022, plans to leverage its two decades of proprietary transactional data to train AI models on real-world business activity that encompasses economic cycles and entire industries.
“This is the stair-step change that the world is operating in,” said Chief Executive Leagh Turner. “We are maximizing the power of our community data over 20 years.”
