Articles from Standard AI

Standard AI, a leading technology company using computer vision and edge AI to unlock a new data layer for physical retail, today announced the acquisition of Pathr.ai, a spatial intelligence company known for its work analyzing movement and behavior in stores. As part of the acquisition, Pathr.ai founder and CEO George Shaw, along with several team members, will join Standard AI.

Standard AI, the company empowering retailers and brands with data to understand shopper behavior and impact their bottom line, unveiled new features for its VISION Analytics Platform. The Visual Engagement Score gives retailers and brands real-time understanding and measurement of how shoppers interact with their products, in-store media, marketing and promotions. Like the “active engagement score” critical to digital marketing, the Visual Engagement Score shows direct correlation between merchandising and conversion rate–a first for physical spaces.

Standard AI, the company unlocking data behind physical retail experiences, today announced the launch of a new product suite and the elevation of veteran company executives to CEO and CTO. Enabled by AI and computer vision, Standard AI is introducing Vision Analytics to empower retailers and brands with insights into shopper behavior, product performance, and store operations captured through unparalleled fidelity of people, products, and interactions. As the company shifts from its foundation in autonomous checkout, Angie Westbrock will assume the role of CEO following her tenure as COO and David Woollard will become CTO, a promotion from his role as SVP of Technology Strategy. Jordan Fisher, the company’s outgoing CEO and co-founder, will remain on the Standard AI board as chairman.

Standard AI, the world leader in retail AI, today announced the extension of the Standard AI Vision platform that offers a groundbreaking new way to use AI to address loss, inventory management, and other retail operational challenges. The first platform to leverage advanced visual AI in the most profitable sectors of convenience retail, new Standard Zones are offered today in the tobacco, beer, and fresh food / grab and go sections of the store. Going forward, Standard AI will bring the Vision platform to other sections of the store, including lottery, cash drawer, fuel, and beyond.

Standard AI, world leader in retail AI, today announced that it has been named an “IDC Innovator” in the IDC Innovators: Computer Vision for Automated Checkout and Self-Checkout 2023 (doc #US47252721, September 2023) report. This IDC Innovators study profiles five vendors using computer vision to create checkout applications that are helping retailers future-proof their businesses.

Standard AI today announced it will transform the retail shopping experience leveraging Google Cloud’s powerful suite of AI tools. With these tools, Standard AI will bring greater speed and flexibility to its portfolio of AI-powered checkout and point-of-sale (PoS) products - from self-checkout to AI-assisted checkout - and bring new products to market that help retailers meet ever-changing shopper demands.

Standard AI, the world leader in Retail AI, announced today that it has been recognized as one of America's Best Startup Employers for 2023 by Forbes in partnership with Statista, the world-leading statistics portal and industry ranking provider. Standard AI has received this reputable award to honor its positive work environment, innovative ideas, and employee satisfaction within the company.

Standard AI, the world leader in Retail AI, today announced the signing of a definitive agreement to acquire leading self-checkout solutions provider, Skip. Standard AI will become the only company to connect self-checkout with AI-powered autonomous checkout into one integrated experience. The powerful combination will give retailers who are seeking immediate relief from labor pains a self-checkout option with a clearly-defined path to an autonomous future. In another first, Standard AI will integrate Skip’s cloud-based point of sale (POS) with the complex back office ecosystem to streamline operations and give greater control over price, discounts, promotions, and more.

American Airlines Center today announced the opening of two new frictionless food and beverage experiences. In collaboration with hospitality partner Levy and its innovation studio, DBK Studio, The Center has opened a new Market To-Go shop on the arena’s Terrace Level, with a second location on the Main Concourse of the arena to open later this month.

Students at San Jose State University (SJSU) will now have one less excuse for being late to class. The SJSU Ginger Market has been transformed into an autonomous retail experience, enabling students, faculty, and staff to grab the items they want and go—without having to scan anything or wait in line to pay. This first-of-a-kind store sells an assortment of items essential for campus life: a variety of pan-Asian snacks and meals, made-in-house sushi, poke bowls, locally roasted coffee, popular beverages, mochi, and more.

The Worcester Red Sox and Standard AI, the world leader in computer vision for retail, today announced the next phase of the WooSox Market™ at Polar Park - baseball’s first autonomous retail experience. The two companies are excited about potentially bringing this autonomous retail technology to other ballparks and sports arenas.

Standard AI (alt. “Standard Cognition”), a world leader in computer vision for retail, today announced it has completed both the acquisition of UK-based computer vision company, ThirdEye Labs (“ThirdEye”); and added Sameer Qureshi, who joins from Tesla and Lyft, as its first-ever vice president of machine learning. Now with the largest, most seasoned computer vision team in retail tech, Standard AI will expand the capabilities of the Standard AI platform in exciting new ways to drive forward the future of autonomous retail.

Standard AI, one of the world’s leading computer vision platforms for retail, today announced it has worked with Circle K to open its AI-powered checkout-free experience in a retrofitted store in Arizona. An exciting development for retail, the frictionless checkout system allows shoppers to skip the checkout line and delivers accurate receipts in minutes.

Standard AI, the world’s leading computer vision platform for retail, today announced that it is partnering with retail technology leaders to launch the Autonomous Retail Initiative (A.R.I.), a first of its kind initiative aimed at investing in convenience store operators to help shape the future of retail — together.

Standard AI, the world’s leading computer vision platform for retail, today announced the addition of Jennifer Haroon as Chief Financial Officer (CFO) and Angie Westbrock as Chief Operating Officer (COO) to its executive team. Both bring extensive experience developing and scaling companies to Standard, with a strong focus on computer vision, artificial intelligence (AI), and retail and consumer packaged goods. Haroon and Westbrock will oversee the company’s financial and operations functions, respectively, to help bring Standard’s autonomous checkout solution to more retail stores around the world.