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artificial intelligence-based pricing system

Coverage of artificial intelligence-based pricing system in the Nexus archive.

Earliest in view: Jun 23 · 20:12 UTCMost recent: Jun 23 · 20:12 UTC
Co-mentioned in this coverage
Knowledge Support Systems, Inc.organization1Kalibrateorganization1gasoline retailersorganization1gas pricestopic1Californiaplace1
Recent coverage
  • BUSINESSJun 23 · 20:12 UTCCOURTHOUSE NEWS
    Californians sue over AI-based price fixing at gas pump

    Three Californians filed a class-action lawsuit against Knowledge Support Systems, Inc. (Kalibrate) and gasoline retailers, alleging an AI-based pricing system facilitates illegal price-fixing, driving up gas prices. Plaintiffs claim Kalibrate's algorithm coordinates prices among retailers, reducing competition and increasing profits.