AI-Driven Convenience Stores : Autonomous Convenience Stores

GS25, the largest convenience store brand in Korea, teamed up with Fainders.AI’s to launch an autonomous convenience store powered by the company’s vision AI technology. The newly opened convenience store features proprietary deep learning algorithms and only 2D cameras for the purposes of reducing load cell-based inference.

This particular autonomous convenience store addresses several pain points. Firstly, the store was created to address staff shortages and wage hikes in South Korea—the minimum wage has doubled over the last 10 years. Additionally, Myungwon Ham, founder and CEO of Fainders.AI, notes, “Existing autonomous stores can only stock as much as 50% of traditional shelves. This leads to sales losses for offline retail. In contrast, our weight sensor-mounted shelves boast the shelf capacity improved by 50% compared to other autonomous stores.”