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Byte-Sized AI: Second-Screen Shopping, Supply Chain Startup Gets Funds

Apr 08, 2024 - sourcingjournal.com
AI supply chain firm Gather AI has raised $17 million in a Series A-1 funding round, led by Bain Capital. The company uses autonomous drones to scan warehouse inventory, with AI analyzing the data in real time. The funding will be used to triple operations in 2024. In other news, Paramount has partnered with Shopsense AI to offer second-screen shopping experiences, allowing viewers to purchase items seen on TV shows in real time.

London-based menswear brand Moss has partnered with virtual try-on platform Zyler, which uses AI to create a virtual avatar for customers to see how clothes will fit. Meanwhile, Amazon is phasing out its AI-powered Just Walk Out stores, which used cameras and sensors to track purchases. The company will now focus on its Dash Carts, which track purchases as customers shop.

Key takeaways:

  • Gather AI, a supply chain AI player, has secured $17 million in Series A-1 funding, enabling autonomous drones to fly through warehouses and collect inventory information faster than traditional methods.
  • Paramount has partnered with Shopsense AI to create second-screen shopping experiences, allowing viewers to shop an AI-curated collection of items based on what they see on TV.
  • Moss, a London-based menswear brand, has partnered with virtual try-on platform Zyler, allowing customers to create a virtual avatar and see how certain styles will look and fit.
  • Amazon is phasing out its Just Walk Out stores, which used AI to track what consumers left the store with, due to the high level of human intervention required to make the stores work.
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