I’m a big fan of any technology that makes our lives easier. One example of this is Amazon’s Just Walk Out technology, which I consider to be the easiest check out experience available today. Customers tap their credit card on a reader, walk in a store, pick up whatever they want and then, as the name suggests, just walk out of the store and everything is charged to your account.
Artificial intelligence is on the verge of a significant growth spurt in retail, according to a new report from Nvidia Corp. In conjunction with its NRF 2024 activities, Nvidia released its first “State of AI in Retail and CPG” report Tuesday. The study shows a bullish outlook for AI, with more than 60% of retailers saying they’ll increase AI infrastructure investments over the coming 18 months.