Instacart to halt 'item price tests' amid scrutiny of its AI tool for retailers [MSNBC.com]
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Source: MSNBC.com
Instacart is ending its "item price tests" for retailers, the company announced Monday, following public criticism and reported questions from federal regulators about how prices on the shopping and delivery platform are set."We understand that the tests we ran with a small number of retail partners that resulted in different prices for the same item at the same store missed the mark for some customers,"Instacart said in a statement."That’s why, effective immediately, Instacart is ending all item price tests on our platform. Retailers will no longer be able to use Eversight technology to run item price tests on Instacart," the company said, referring to its Eversight artificial intelligence software.The controversy over pricing on Instacart arose earlier this month, when several nonprofit consumer advocate groups publisheda report Dec. 9According to the report from Groundwork Collaborative, "Consumer Reports" and More Perfect Union, some customers were charged as much as 23% more than
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CART
News
- Why Instacart (CART) Shares Are Trading Lower Today [Yahoo! Finance]Yahoo! Finance
- Instacart ends AI pricing test that charged shoppers different prices for the same items [Yahoo! Finance]Yahoo! Finance
- Instacart to halt 'item price tests' amid scrutiny of its AI tool for retailers [Yahoo! Finance]Yahoo! Finance
- Instacart ends AI pricing test that charged shoppers different prices for the same items [Los Angeles Times (CA)]Los Angeles Times
- Instacart ends price tests on groceries after customer feedback [Yahoo! Finance]Yahoo! Finance
CART
Earnings
- 11/11/25 - Beat
CART
Sec Filings
- 12/22/25 - Form 144
- 12/15/25 - Form 144
- 11/25/25 - Form 8-K
- CART's page on the SEC website