DocuSign Bets Big on AI: Will It Work?

Take a look at whether AI could trigger the turnaround this stock needs... [Derby City Daily logo] [Derby City Daily logo] DocuSign Bets Big on AI: Will It Work? By Andy Swan Sifting through endless pages of fine print legalese has got to be one of the most painstaking processes most of us can think of. Good thing e-signature leader DocuSign ([DOCU]( figured out how to simplify this notoriously dreadful task with artificial intelligence (AI). Its “Agreement Summarization” feature, which leverages Microsoft’s ([MSFT]( Azure OpenAI, does the hard work for you – using AI to identify and summarize only “the most critical components” of a contract. Its “Liveness Detection for ID Verification” feature instantly and accurately confirms the identity of signers with AI-enabled biometric technology. And that’s just the start. DocuSign plans to incorporate AI into just about every step of the signing process. Whether it’s searching agreement libraries, extracting agreement details, or suggesting language edits based on best practices, the strides this company is making with AI could revolutionize the way business gets done. DocuSign’s big-picture vision: “Ultimately we are headed toward a world where agreements are made of computable code, and can think, act, communicate and even make decisions autonomously,” says Inhi Cho Suh, President of Product, Technology, and Operations. Sounds impressive. But is it enough to bring DOCU shares back to life? DocuSign was a $300 stock in 2021. Now it’s barely reaching $50. We’ve seen AI reverse fortunes before. [So today, we’re taking a look at whether DocuSign’s AI overhaul is enough to turn it into our next big winner...]( [Click here to continue reading]( Until next time, [Andy Swan's signature] [Andy Swan's signature] Andy Swan Senior Analyst, Derby City Insights Trending Now in Derby City Insights: Stocks for the #AIRevolution ✓ Once a Laggard, This Could Be the Next “AI All-Star” Stock: Most folks think of Nvidia when we talk about “AI All-Stars.” But markets are always in flux. And new data says [this “OG” tech player could soon have a seat at the table](. ✓ No. 1 AI-Powered Stock of the Decade? It’s a bold claim — but this tiny $2 stock has everything we look for in an opportunity ready for liftoff... And it’s climbing higher as we speak. [Don’t get caught on the sidelines on this one](. ✓ This Company’s AI Knows What You Want Before You Do: The seismic shift from traditional TV to streaming has opened up the opportunity of a lifetime for this company... [And for the folks who own shares today](. Get Instant Access Click to read these free reports and automatically sign up for research throughout the week. [25 Doomed Blue Chip Stocks]( [The Infinite Income Manifesto]( © 2023 TradeSmith, LLC t/a Derby City Insights. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](