AI Tech Aims to Cut Retail Theft and Speed Checkout

Company in RTP using AI to help stores combat theft and speed up checkout. Working with major retailers like Walgreens and CVS.

Theft cost retailers $112B last year. AI can identify products at checkout and catch potential theft.

AI analyzes behaviors and data, not individuals. Retail crime is increasing according to reports.

More stores adopting tech as criminals become sophisticated. Costs of theft passed to consumers.

Testing vision kiosk that totals orders in 1 second. AI saves time by not needing to manually scan items.