Standard Cognition - autonomous checkout AI

Standard Cognition 

Headquarters: San Francisco 

Founders: Jordan Fisher (CEO), Michael Suswal, David Valdman, John Novack, Brandon Ogle, Dan Fischetti, TJ Lutz 

Funding: $86 million 

Valuation: $535 million

Goodbye, cashiers. Hello, cameras. Standard Cognition is working on an autonomous checkout system where shoppers can wander through a store, picking out goods and pay without scanning their items or interacting with an employee. Its overhead cameras track individuals and items continuously (notably, its so-called entity cohesion doesn’t rely on facial recognition, which it says gives shoppers more privacy). “We have essentially created autonomous checkout for everyone who is not Amazon,” the company says. Standard Cognition has opened a pop-up in San Francisco to show off its tech and says that it’s in “shadow mode” testing in several stores in North America. 

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