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Walmart's Autonomous Forklifts Could Cost $200 Million [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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The retail giant has plans to possibly spend as much as $200 million on self-driving forklifts that move pallets of goods within its distribution centers, according to a report from Reuters. More from Sourcing Journal Byte-Sized AI: Vayu Robotics Debuts Delivery Bots; Hot Topic and Ugg See Marketing Boosts from Attentive AI Inventory Restocking May Be the Freight Recession's Antidote Startup to Use $63M Series B to Redefine Robotic Arm Training With AI Walmart would not comment on the report, but referred to the company's April announcement that it rolled out 19 autonomous forklifts from Fox Robotics across four of its high-tech distribution centers . At the time, the retailer said it had plans to expand the pilot pending an evaluation of its benefits. Reuters said Walmart has intended to buy “possibly hundreds” of these autonomous forklifts from Fox Robotics in the future, with the Bentonville behemoth reportedly already having invested $25 million in the Austin-based st
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