Utilising AI for retail in a post-pandemic world

Busy retail shopping centre

The capabilities of artificial intelligence (AI) for retailers of all different shapes and sizes has undeniably grown across many sectors in recent years. In today’s world, retailers are beginning to develop a legitimate recognition of what it takes to properly appraise, develop and generate AI and ML-enabled solutions of the future, moving past the marketing outbreak that AI once was.

Moreover, despite the developments that have been contrived, some retailers have not yet...

Shopic AI smart carts secure further £7.2m in funding

Supermarket shelves

Retail AI solutions provider Shopic has raised an additional $10 million (£7.2m) of funding, bringing its total amount raised to $21 million.

Shopic's goal is to transform in-store shopping through its AI-powered clip-on device for shopping carts. The device recognises when shoppers add or remove items to their cart and allows them to pay without the need for a cashier or self-checkout machine.

Seemingly the next step in the nullification of supermarket employees,...