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Instacart’s AI tool, Eversight, made headlines earlier this month after it was found to be showing people different prices for the same items on the app. Those tools are now being investigated by the Federal Trade Commission, Reuters reports.
The FTC has sent Instacart a civil investigative demand seeking more information about its AI pricing tool. “Like so many Americans, we are disturbed by what we have read in the press about Instacart’s alleged pricing practices,” the agency…
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Instacart’s AI tool, Eversight, made headlines earlier this month after it was found to be showing people different prices for the same items on the app. Those tools are now being investigated by the Federal Trade Commission, Reuters reports.
The FTC has sent Instacart a civil investigative demand seeking more information about its AI pricing tool. “Like so many Americans, we are disturbed by what we have read in the press about Instacart’s alleged pricing practices,” the agency…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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