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Symbotic

Wilmington, Massachusetts warehouse automation company, listed on Nasdaq, whose AI software and autonomous robots store, retrieve and pick cases and individual items in distribution centers; Walmart is its main customer.

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Key developments

  1. DeploymentWalmart commits about $6 billion more to Symbotic for automation at 25 distribution centers

Coverage

Walmart commits about $6 billion more to Symbotic for automation at 25 distribution centers

Walmart has made an initial commitment of about $6 billion over several years to add Symbotic automation, including item picking and micro-fulfillment for online orders, at 25 U.S. regional distribution centers. After reports that its warehouse robots break down, Walmart is doubling down on one supplier.

2 min readSources verified