A2Z Smart Technologies Innovates Retail with AI-Powered Cart
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A2Z Smart Technologies Innovates Retail with AI-Powered Cart

Story Highlights
  • A2Z files for a patent on an AI-based system to reduce retail inventory shrinkage.
  • The system features deep learning, cameras, and scales to detect theft and discrepancies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

A2Z Smart Technologies (AZ) has released an update.

A2Z Cust2Mate Solutions Corp. has announced a patent application for their AI-powered Shopping Cart Inventory Change Indicator System, aiming to tackle retail inventory shrinkage, which surged to $142 billion in losses for U.S. retailers in 2023. The system boasts real-time monitoring using deep learning, high-resolution cameras for product recognition, and a security scale to pinpoint theft and inventory discrepancies. A2Z’s innovation reflects its commitment to enhancing retail efficiency and security through advanced technology.

For further insights into AZ stock, check out TipRanks’ Stock Analysis page.

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