Morrisons to Make Major Change to Checkouts at 200 Stores with New AI Technology

Morrisons to make major change to checkouts at 200 stores with new AI technology

Morrisons is changing the way its self-checkouts work at 200 of its stores by introducing new AI technology to benefit customers.

Edgify raises £6.7m to power AI infrastructure for physical retail

Edgify, a provider of AI infrastructure to protect in-store loss for physical retail, has raised $9m (£6.7m) in Series A+ funding.  The London-based startup will use the capital to accelerate the rollout of its platform, which connects, orchestrates and trains AI models across in-store edge devices such as self-checkouts, cameras, scales and point-of-sale systems.  Edgify […] The post Edgify raises £6.7m to power AI infrastructure for physical r…

London-based edge AI infrastructure company Edgify raises €7.7 million to combat retail losses

Edgify, a London-based edge MLOps platform for physical retail providing the AI infrastructure to protect against in-store loss, has raised €7.7 million ($9 million) in Series A+ funding to accelerate the rollout of its platform.  The round was backed by Rank Ventures and Mangrove Capital Partners, bringing the company’s total funding to €21.6 million ($25 million). Nadav Israel, CEO and Co-founder of Edgify, said, “We founded Edgify on a simple…

Edgify raises $9M from Rank Ventures and Mangrove Capital to bring AI to supermarket shelves and checkouts

Edgify raised $9 million from Rank Ventures and Mangrove Capital, taking total funding to $25 million. Its edge AI links supermarket cameras, scales and checkouts without new hardware or cloud uploads. The startup is live with grocers across the US and Europe and expanding into QSR and apparel. A supermarket already has dozens of machines watching every transaction: cameras above the aisles, scales at the self-checkout, scanners at the till. Alm…