Instacart Expands Commerce Platform With AI Partnerships

Instacart reported Q4 results on its earnings call, posting GTV up 14% to $9.852 billion, orders up 16% to 89.5 million, revenue of $992 million, adjusted EBITDA $303 million and GAAP net income $81 million. The company emphasized partnerships and AI — including Instant Checkout on ChatGPT and a white-label Cart Assistant — while halting an AI pricing test amid fairness concerns, signaling broader retail-tech ambitions.