CHANDLER, Ariz., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Further demonstrating its commitment to developing AI-enabled solutions for embedded engineers, Microchip Technology (Nasdaq: MCHP) has announced the launch of its Model Context Protocol (MCP) Server. An AI interface, the MCP Server connects directly with compatible AI tools and large language models (LLMs) to provide the context these systems need to answer questions. Through simple conversational queries, the MCP Server enables users to retrieve verified, ...

Core Insights - Wix.com Ltd. has acquired Hour One, enhancing its capabilities in generative AI media creation and positioning itself at the forefront of AI-driven digital experiences [1][2][3] Group 1: Acquisition and Technology - The acquisition of Hour One allows Wix to integrate scalable production of studio-quality content, enabling users to create personalized videos and interactive media [2] - Hour One's technology combines generative AI inference with advanced 3D rendering, making it a valuable asset for Wix [2] - This move significantly expands Wix's AI expertise and aligns with its vision of faster, smarter, and more immersive web creation [3] Group 2: AI Innovations and Product Launches - Wix is focusing on generative AI as a key business growth driver, embedding AI assistants across its platform to improve operational efficiency and customer conversion rates [4] - The launch of Wixel, an AI-driven visual design platform, aims to make professional-grade design accessible to all users [4] - The Model Context Protocol (MCP) Server was introduced to enable developers to create production-ready Wix solutions through AI coding assistants [5] Group 3: Financial Performance - In Q1 2025, Wix reported non-GAAP earnings per share of $1.55, up from $1.29 year-over-year, with revenues increasing 13% to $473.7 million [8] - The revenue exceeded management's guidance, driven by strong performance from new users and healthy engagement from existing users [8] - Wix expects revenues to grow 12-14% in 2025, projecting a range of $1.97-$2 billion [8]

Core Insights - Wix.com Ltd. has launched Wixel, an AI-driven visual design platform aimed at making professional-grade design accessible to all users [1][2] - Wixel is currently available for free in English, with an option for users to upgrade to a Pro Plan for premium features [2] - The platform simplifies the design process, allowing users to create polished visual assets quickly without advanced design skills [3] Product Features - Wixel enables users, such as small business owners and content creators, to generate high-quality visuals efficiently [3] - The platform supports various functionalities, including background changes, lighting adjustments, and professional template placements for product-based businesses [4] - Future updates are expected to include video editing and story creation features, expanding Wixel's capabilities [4] Business Strategy - Wix is focusing on generative AI as a significant growth driver and is embedding AI assistants across its platform to enhance operational efficiency [5] - The introduction of the Model Context Protocol (MCP) Server allows developers to create production-ready solutions using AI coding assistants [6] - Wix has also launched an AI-powered adaptive content application to personalize website content dynamically, enhancing user engagement [7] Market Performance - Wix's stock has increased by 34.8% over the past year, outperforming the Computers - IT Services industry's growth of 9.7% [9]