Article "Standard Cognition Raises $150M Series C for its Cashierless Checkout"
by Chris Albrecht
February 17, 2021
Article "Standard Cognition Raises $150M Series C for its Cashierless Checkout"
by Chris Albrecht
February 17, 2021
"Standard AI Launches New Autonomous Checkout Experience at Existing Arizona Circle K Location"
New frictionless checkout system powered by the Standard AI platform debuts at Tempe, Ariz., Circle K location, delivering a leading standard for convenience, customer service
October 13, 2021
https://youtu.be/QXkzKTMYkUU
Standard AI make it easy to transform any store into a store of the future
Nov 3, 2021
Quote:
Adding checkout-free experiences to retailers' existing stores is simple and convenient thanks to Standard AI, the world's leading autonomous checkout platform. Retrofits can be implemented in weeks with minimal installation time and no store closures—all while customers continue to shop.
The first and best-funded startup in this space, Standard AI has launched multiple operational stores with customers around the world including Circle K and Compass Group.
https://youtu.be/5sS7gYcy5DQ
What students are saying about autonomous checkout at SJSU's Ginger Market
Feb 14, 2022
"Chartwells Higher Education at San Jose State University Opens New Autonomous Retail Experience"Quote:
Students at San Jose State University (SJSU) 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.
Using AI-powered computer vision systems mounted at strategic locations throughout the store, the system accurately identifies the products shoppers select and automatically records the purchases on the SJSU Boost mobile app—eliminating time spent at traditional checkout areas. The autonomous checkout system allows shoppers at the SJSU Ginger Market to skip the checkout line and receive detailed, accurate receipts in minutes.
Building on a rich history of technological innovation, the university worked with Chartwells Higher Education and Standard AI, the world’s leading computer vision platform for retail, to retrofit the market without ceasing store operations or altering its layout. Standard AI was able to integrate fully with retail operations, including inventory management systems and visual merchandising.
First-of-its-kind checkout free shopping experience - powered by the Standard AI platform - opens its doors at SJSU Ginger Market, in the heart of Silicon Valley.
February 14, 2022
https://youtu.be/9hPZViK6hBY
The Future of Retail: autonomous checkout with computer vision | TransformX 2022
Oct 26, 2022
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Jordan Fisher, CEO of Standard AI, is passionate about changing the real-world retail experience by unlocking better shopping experiences with computer vision. Fisher will discuss applying computer vision models to the physical world to create human-centric applications; augmenting retail staff with better inventory tools and store layout analytics; and creating better shopper experiences with autonomous checkout. Even given the challenges in today’s retail environment—the labor shortage, inflation, the supply chain crunch, and difficulties competing against tech giants—shoppers expect more options and a better experience. Fisher’s vision is to allow customers to come in, shop, skip the checkout line, and get a receipt within minutes after they leave. At a shop at San Jose State University, traffic increased by 20%, average total receipts increased by almost 23%, and there was a decrease in wait time by over 50%. Further, store employees get analytics about which items are out of stock or misplaced, as well as traffic patterns about individual shoppers that do not collect PII. Fisher has spent his career focusing on both fundamental research and product development. He has worked in computational fluid dynamics, securities regulations, video games, machine learning, and retail, and seeks out areas where innovative products can be forged by tackling difficult research initiatives.