Prior to the AI boom Wix had developed a niche in very small businesses with events and sales, where it has a lot of the tedious stuff around that in a state where you can no code it into place very fast.
The problems begin when you try to do things slightly different, and this is almost entirely down to the staggering levels of inconsistency in their core APIs. (Genuinely impressively so). Their business model relies on the useful pieces being opaque enough and irregular enough that you cannot move off without overcoming a big migration effort.
Consequently their interest will be in two areas: can they use LLMs to get people to use those existing modules and get locked in faster? Can they own the funnel of people using LLMs to attempt to create this sort of functionality for their existing market? This acquisition helps on both levels, so it makes perfect sense for them.
The problems begin when you try to do things slightly different, and this is almost entirely down to the staggering levels of inconsistency in their core APIs. (Genuinely impressively so). Their business model relies on the useful pieces being opaque enough and irregular enough that you cannot move off without overcoming a big migration effort.
Consequently their interest will be in two areas: can they use LLMs to get people to use those existing modules and get locked in faster? Can they own the funnel of people using LLMs to attempt to create this sort of functionality for their existing market? This acquisition helps on both levels, so it makes perfect sense for them.