Xero chief executive Sukhinder Singh Cassidy says the company’s core products cannot easily be replicated by artificial intelligence tools because its data gives it an edge over newer rivals, as she works to convince nervous investors who have sold out of the accounting software giant.
Shares in Xero, the Wellington-based, ASX-listed software group, have slid from $194.51 in June to $96.10, largely on worries about the $4 billion acquisition of American bill payment company Melio.
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