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Instacart is buying AI-powered Smart Carts and checkout system providing firm Caper for $350 Million

Instacart is currently in the process of buying Caper, an AI startup, for $350 Million. The delivery firm will make the payment both in cash and stocks. The startup makes a shopping cart with a built-in barcode scanner and credit card swiper and also provides a swift digital checkout system. The delivery firm will integrate Caper’s checkout tech in its app, allowing retailers to offer an innovative in-store and online shopping experience. Instacart is evolving its tech ecosystem and making acquisitions after acquisitions.

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