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Thursday, 09/28/2023 8:54:47 PM

Thursday, September 28, 2023 8:54:47 PM

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INSTACART HIGHLIGHTS NEW TECH AT GROCERYSHOP
By Timothy Inklebarger on Sep. 28, 2023
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Jerry Baki, retail partnerships with Instacart, demonstrates the new generation of AI-powered smart carts. / Photo by Timothy Inklebarger



It’s been a big month for San Francisco-based grocery tech company Instacart, with the launch of its long-awaited IPO at the end of August and the recent rollout of new technology such as its ChatGPT-powered function “Ask Instacart.”

The tech company was off to a bumpy start, though, in its first month of trading on Nasdaq under the ticker symbol CART, with its stock price, originally set at $30 a share, dropping to just below that by the close of the market on Thursday.

The last-mile delivery company was out in full force at last week’s Groceryshop conference in Las Vegas, though, and gave attendees a tour of the new tech its launching at grocery stores across the country. Winsight Grocery Business caught up with Instacart for a quick video tour of some of its newest tech.





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