SoftBank in Symbotic JV to build AI warehouses

SoftBank in Symbotic JV to build AI warehouses

The Star Online - Business·2023-07-26 08:03

TOKYO: SoftBank Group is forming a joint venture with warehouse automation company Symbotic to build artificial intelligence (AI)-powered warehouses that will be majority owned by the Japanese technology investor, the companies say.

The firms are investing US$100mil (RM456.4mil) in the venture, which will be called GreenBox Systems.

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