Home Depot says the startup, renamed the Home Depot Innovation Lab, will help it compete in an online environment where prices change by the second and are determined by algorithms rather than merchants.
The technology, which included an algorithm for deriving the summaries, was created with help from SRI International, a Silicon Valley research-and development firm that has an artificial-intelligence lab and has an ownership stake in the startup.
The partners for such a vision are already out there Maker Faire, TechShop, the D-Lab, Fab Lab, Lemelson-MITInvenTeams, FIRST robotics, Startup Weekend and more.