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Instacart acquires Caper AI, a smart cart and instant checkout startup, for $350M, as it moves deeper into physical retail tech

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Instacart made its name by providing a way for consumers to bypass shopping in stores in person, by ordering items online and getting them delivered to their homes — a business that positively boomed in the wake of the Covid-19 pandemic. But with physical stores still looming large in the world of groceries, Instacart is also wants to play a role there, too. Today, the company announced that it is acquiring Caper AI, a startup that builds smart cart and cashier-less checkout technology that uses computer vision and other techniques to detect items and ring them up for shoppers.
Instacart confi …

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