Walmart commits $6 billion to Symbotic for its AI and robotics solutions

T2Covered by 1 source · first reported by Modern Retail / Digital Commerce 360 / AgFunderNews at 03 Nov, 01:36 UTC

Walmart Inc.’s strategic investment, which accompanied Symbotic Inc.’s acquisition of Walmart’s robotics business, will grow by $6 billion, the companies announced on Oct. 29. The new expansion of their commercial agreement will mean that new deployments of Symbotic’s automation technology appear…

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Sources

• T2Walmart commits $6 billion to Symbotic for its AI and robotics solutionsModern Retail / Digital Commerce 360 / AgFunderNews03 Nov, 01:36