- Copart has integrated AI and large language models into decision support tools, enabling faster and more informed total loss decisions for insurance claims.
- AI deployment at the auction level includes search results and vehicle recommendation systems, improving buyer experience and efficiency.
- Management believes that ongoing AI enhancements will significantly increase operational efficiency and unlock new business opportunities.
- The use of AI has contributed to improved cycle times, especially in title procurement and claims processing, reducing friction for clients.
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Dafinchi