In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using a combination of AI, computer vision and digital tech, Sam’s Club’s system identifies what’s in a shopping cart, confirming customers...
Amazon is quickly expanding its “Just Walk Out” frictionless checkout system to new parts of the country. The first full-size Amazon Fresh location using the technology on the East Coast opened with a new 30,000-square-foot store in Fairfax, Virginia, WTOP News, a Washington, D.C. outlet,...
Funds continue to pour in for ultrafast grocery in spite of the economic challenges of the model. On Thursday (March 17), Turkish 10-minute grocery delivery company Getir announced that it raised $768 million in its Series E funding round, raising the startup’s valuation to $11.8...
AiFi, the artificial intelligence (AI) platform for retailers to access autonomous shopping solutions, announced Friday (March 11) that a Series B funding round raised $65 million, a press release said. The money will be used to expand AiFi’s technical team. AiFi’s total funding is now...
June 22, 2018
It’s a stamp of approval and financial reward in an increasingly competitive field: AiFi, a U.S.-based company about to launch major tests of its cashier-less grocery store technology, took home the top honors in Visa’s Everywhere Initiative contest in the United States. AiFi emerged victorious from a field that included more than 900 submissions (of note, […]
March 17, 2022
Funds continue to pour in for ultrafast grocery in spite of the economic challenges of the model. On Thursday (March 17), Turkish 10-minute grocery delivery company Getir announced that it raised $768 million in its Series E funding round, raising the startup’s valuation to $11.8 billion. “We are defining the ultrafast delivery sector, and this […]
March 14, 2022
AiFi, the artificial intelligence (AI) platform for retailers to access autonomous shopping solutions, announced Friday (March 11) that a Series B funding round raised $65 million, a press release said....