Standard Cognition is adding mapping capabilities to its autonomous checkout platform, due to the acquisition of Explorer.ai. Standard’s autonomous checkout solution utilizes cameras on store ceilings to determine what is in the store, the location of customers, and which items they possess. As part of the acquisition, Standard brings on a team of seven experienced AI engineers and mapping technology to accelerate the rollout of its autonomous checkout solution.
From the release: “We are thrilled to join forces with the Explorer team”, said Jordan Fisher, Co-founder, and CEO of Standard. “The team is highly experienced and already works well together – having them in place gives our engineering team a big edge and a running start toward applying their state-of-the-art computer vision and mapping skill sets in autonomous vehicles (AV) to retail. We believe mapping is a critical ingredient to autonomous checkout. The Explorer team has a strong record of tackling these problems together, and we’re confident that this will allow us to make rapid progress at Standard.”
Link: Globe Newswire
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