Exclusive: FTC probes Instacart's AI pricing tool, source says; shares drop

The U.S. Federal Trade Commission is probing Instacart , two sources familiar with the matter told Reuters, as the retail platform faces criticism over its artificial intelligence-driven pricing tool.

FTC probing Instacart’s AI pricing tool after being caught charging customers different prices: report

We are disturbed by what we have read in the press about Instacart’s alleged pricing practices,” the FTC said in a statement.

DoorDash unveils ChatGPT grocery app one week after Instacart debut

DoorDash launches ChatGPT grocery app one week after rival Instacart, enabling AI-powered recipe suggestions with hour-long delivery from stores.

Instacart’s AI-driven pricing tool attracted attention — now the FTC has questions

In an economy where everyone's feeling squeezed, AI-driven price testing of kitchen essentials was bound to attract attention.

Feds Probe Instacart’s Al-Fueled Pricing Experiments on Groceries

A recent investigation that found Instacart is charging some customers nearly 25% more for the same products from the same store got a lot of people’s attention, including the Federal Trade Commission. According to a report from Reuters, the agency has opened a probe into Instacart’s pricing practices.

2CART : Instacart Stock Drops Over 6% In Thursday Pre-Market: What's Going On?

Shares of Instacart Inc. (NYSE: CART) declined 6.64% in pre-market trading on Thursday, after a report that the Federal Trade Commission (FTC) is launching a probe into its AI-based pricing tool.

Study shows Instacart may be charging some shoppers 20% more for the same product

A recent study published by Consumer Reports (CR) alleges that Instacart has been conducting AI-led dynamic pricing experiments that, in some cases, are drastically inflating the cost of certain products.
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