eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

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Caper AI acquires by Instacart for $350M

Caper AI is a startup that builds smart cart and cashier-less checkout technology that uses computer vision and other techniques to detect items and ring them up for shoppers.

Instacart is searching for its next act here. Time will tell if retailers trust them to build solutions. It's trying to be both like Ocado and like Amazon at the same time.

TechCrunch: Instacart acquires Caper AI, a smart cart and instant checkout startup, for $350M, as it moves deeper into physical retail tech