HomeAbout

TL;DR CNBC


Amazon just revealed a new plan for revolutionizing how people buy groceries - TL;DR CNBC

Amazon just revealed a new plan for revolutionizing how people buy groceries

Publishing timestamp: 2016-12-05 15:07:16


Summary

Amazon has opened a new store in Seattle called Amazon Go, which has no registers. Shoppers can scan into the store with their Amazon Go app, shop, and leave with items billed to their Amazon.com account. The store uses computer vision technology to recognize users and eliminate the need to individually scan items. This new concept is part of Amazon's experiments at the intersection of e-commerce and brick-and-mortar retail, showcasing their investments in artificial intelligence.


Sentiment: POSITIVE

Tickers: AMZN

Keywords: amazon.com incbusiness newsjeff bezosseattlewashingtonretail industrytechnology

Source: https://www.cnbc.com/2016/12/05/no-waiting-at-the-register-new-amazon-go-store-bills-everything-to-your-amazon-account.html


Developed by Leo Phan