In an address featuring an AI avatar of its CEO, the Swedish company emphasized that AI is a driving factor for its success. Credit: Klarna, Youtube Swedish fintech company Klarna this week presented an updated quarterly report with the help of an AI version of the company’s CEO Sebastian Siemiatkowski. TechCrunch reports that the presentation itself did not attract much attention online, but in the video, Klarna reveals that they used an AI avatar. [ Related: Get ready for AI avatars at work ] In connection with the updated quarterly report, Klarna was careful to emphasize that AI is a driving factor behind the company’s success. Among other things, AI will “streamline” Klarna’s workforce from around 5,000 to around 3,000 employees. Whether the same fate awaits Sebastian Siemiatkowski remains to be seen. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe