AI-enabled robotics tech provider Symbotic Inc. is acquiring Walmart’s Advanced Systems and Robotics business, Symbotic announced on Wednesday.
Biggest news for grocers?
The acquisition could cost as much as $520 million. Symbotic will work with Walmart to create an AI-enabled robotics platform that will result in accelerated online pickup and delivery options at stores. Along with upgrading the Bentonville, Ark.-based retailer’s current online pickup and delivery fulfillment systems,…
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