Instacart's use of AI-generated imagery comes amid a trend of companies using such technology, despite its legal gray area regarding copyright infringement and intellectual property rights. The company, which went public in 2023, announced a partnership with OpenAI in May 2023 to create an "Ask Instacart" AI model. However, it did not disclose that it would also be adding AI recipes to the site. Despite these efforts, Instacart's stock has struggled to surpass its IPO price, closing down 25% from its IPO price of $30 at the end of trading on Friday.
Key takeaways:
- Instacart is using generative AI to create food photos and recipes, resulting in some unusual and unrealistic images.
- The company did not disclose its use of AI for recipes when it announced its partnership with OpenAI in May 2023.
- Several other companies have been accused of or admitted to using generative AI imagery, which remains in a legal gray area regarding copyright infringement and intellectual property rights.
- Instacart's stock was down 25% from its IPO price at the end of trading on Friday, and it has struggled to surpass its IPO price since its public debut in 2023.