Lightspeed Commerce (LSPD) Appoints Bhawna Singh as CTO to Lead AI Strategy

Lightspeed Commerce Inc. (NYSE:LSPD) is one of the best Canadian stocks under $10 to buy now. On May 7, Lightspeed Commerce appointed Bhawna Singh as Chief Technology Officer to accelerate the company’s AI roadmap and global engineering strategy. Singh brings over 25 years of experience from leadership roles at Okta and Glassdoor, where she specialized in scaling global platforms and modernizing complex systems. Working alongside Chief Product Officer John Shapiro, she will focus on integrating conversational AI assistants and ensuring the platform can scale to meet the increasingly complex needs of merchants.

On the retail front, the company has introduced several AI-driven enhancements to streamline inventory and wholesale management. A new integration with Faire allows for automatic syncing of product data, while an AI-powered Optical Character Recognition/OCR tool automates inventory entry to improve accuracy. Additionally, Lightspeed launched personalized brand recommendations within its Marketplace and updated its mobile scanner to provide sales staff with real-time access to promotions and item history during customer interactions.

In the hospitality sector, Lightspeed Commerce Inc. (NYSE:LSPD) has debuted an AI Menu Import tool that digitizes physical or sketched menus into organized digital formats, significantly reducing manual setup time. The update also includes a new promotion engine for the “Order Anywhere” platform, a redesigned PoS navigation system for improved efficiency, and the expansion of Mobile Tap to Quebec.

Lightspeed Commerce Inc. (NYSE:LSPD) sells cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses.

While we acknowledge the potential of LSPD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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