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Walmart will deploy robotic forklifts in its distribution centers

TechCrunch · 1y ago

Walmart will deploy robotic forklifts in its distribution centers

Walmart is partnering with Fox Robotics to bring 19 robotic forklifts to its distribution centers. This follows a successful 16-month pilot program that tested the technology at Walmart's high-tech DC in Florida. The company plans to roll out automated technology to all 42 of its Regional Distribution Centers. Automating forklifts improves efficiency and safety, as these machines can be dangerous in tight spaces with human workers present.

Related News

GreyOrange raises $135 Mn to boost automation for warehouses, fulfilment centres

Inc42 · 1y ago

GreyOrange raises $135 Mn to boost automation for warehouses, fulfilment centres

Robotics firm GreyOrange has raised $135 million in a Series D funding round led by Anthelion Capital. The company will use the funds to scale its technology leadership and expansion, and strengthen the adoption of its fulfillment orchestration platform in warehouses, distribution centers, and retail stores. GreyOrange specializes in designing and deploying AI-based robotic systems for automating tasks in warehouses and fulfillment centers. The company has played a crucial role in managing warehousing operations for major Indian companies such as Flipkart and Myntra.

Flipkart expands supply chain network ahead of Big Billion Days

YourStory

YourStory · 11m ago

Flipkart expands supply chain network ahead of Big Billion Days

Flipkart, the Indian e-commerce marketplace owned by Walmart, is increasing its hiring and distribution channels ahead of its Big Billion Days festival to meet the festive demand. The company has launched 11 new fulfillment centers across India, bringing the total to 83. Flipkart plans to create over 100,000 new jobs in various supply chain verticals and will provide skilling and training programs for new hires. Walmart is optimistic about the results of the festival, as Flipkart delivered double-digit topline growth in the previous quarter.

Humanoid robot startup Diligent taps Cruise executives as it looks beyond healthcare - The Economic Times

Economic Times

Economic Times · 1m ago

Humanoid robot startup Diligent taps Cruise executives as it looks beyond healthcare - The Economic Times

Diligent Robotics, a humanoid robot maker known for its Moxi robots used in hospitals, has recruited Rashed Haq and Todd Brugger, former executives from Cruise. Haq, now CTO, will lead the AI roadmap, leveraging his expertise in deploying large-scale autonomous systems, while Brugger, the new COO, will manage operations and commercial strategies. This move marks Diligent's aim to expand its robotic applications beyond healthcare, with plans to deploy over 3,000 robots by 2030.

Walmart International’s margins squeezed by Flipkart, Myntra quick commerce bets - The Economic Times

Economic Times

Economic Times · 5d ago

Walmart International’s margins squeezed by Flipkart, Myntra quick commerce bets - The Economic Times

Walmart International's gross profit declined in the June quarter due to increased investment in India's quick commerce sector through Flipkart and Myntra. The company is enhancing its rapid delivery capabilities amidst fierce competition from Blinkit, Swiggy Instamart, and Zepto. Walmart plans to expand its 15-minute delivery services with numerous fulfillment centers. Despite the profit dip, Walmart International reported a 5.5% increase in net sales, primarily driven by its operations in India, China, and Mexico.

Flipkart aims to create 1 lakh+ jobs during Big Billion Days sale

IndianStartupNews

IndianStartupNews · 1y ago

Flipkart aims to create 1 lakh+ jobs during Big Billion Days sale

Flipkart, the Walmart-owned e-commerce giant in the US, will generate over 100,000 new job opportunities across its supply chain, including fulfillment centers, sortation centers, and delivery hubs, in preparation for its 10th edition of the Big Billion Days sale. These jobs will include roles for local kirana delivery partners, women, persons with disabilities, and more. Flipkart has expanded its supply chain infrastructure this year to meet the scale and complexity of the sale. It also plans to deliver over 40% of shipments through its Kirana delivery program.

Walmart becomes latest and biggest company to roll back its DEI policies

Economic Times

Economic Times · 9m ago

Walmart becomes latest and biggest company to roll back its DEI policies

Walmart is reversing its diversity, equity, and inclusion policies, following other major corporations that have done the same under conservative pressure. The changes include not renewing commitments to racial equity centers and LGBTQ+ indexes. Walmart will no longer prioritize historically marginalized groups in supplier contracts and will monitor third-party marketplace items to ensure they don't feature sexual and transgender products for minors. The move reflects the increased pressure faced by corporate America following the Supreme Court's decision to end affirmative action. Conservative groups and activists have targeted workplace diversity programs and hiring practices.

Roadies’ Fame Rannvijay Backs Rockit In Sauce.vc-Led Round

Inc42 · 1y ago

Roadies’ Fame Rannvijay Backs Rockit In Sauce.vc-Led Round

Rockit, a beverage startup in the energy drink segment, has announced Singha as its new brand ambassador. The company plans to leverage this partnership to expand its offline distribution in North India, increase brand awareness, and establish a stronger presence in the market. Rockit currently sells its products through various retail distribution channels and B2B ecommerce platforms such as Udaan, ApnaKlub, and Walmart.

PhonePe may open its app store to developers to counter Google, Apple clout

Money Control

Money Control · 1y ago

PhonePe may open its app store to developers to counter Google, Apple clout

Walmart-owned fintech company PhonePe is planning to launch its mobile app store, called Indus Appstore, in a bid to challenge the dominance of Google and Apple in mobile app distribution. The platform will invite developers to publish their apps, charging a zero percent fee on in-app purchases. It will also offer support, transparent policies, and features to showcase apps in multiple Indian languages. PhonePe's move comes amidst regulatory scrutiny over the practices of Google Play and App Store, and aims to provide an alternate app distribution platform with more developer-friendly terms.

First crack in Nvidia AI wall? Meta set to use own AI chips in its servers in 2024 — but it will still use Nvidia H100 GPUs as well in its datacenters for now

Techradar

Techradar · 1y ago

First crack in Nvidia AI wall? Meta set to use own AI chips in its servers in 2024 — but it will still use Nvidia H100 GPUs as well in its datacenters for now

Meta Platforms, the parent company of Facebook, is planning to deploy its own custom-designed AI chips, called Artemis, in its data centers this year. This move aims to reduce Meta's reliance on Nvidia's H100 chips and control the rising costs of running AI workloads. The successful deployment of its own chip could save Meta hundreds of millions of dollars in energy costs and billions in chip purchasing costs. However, Meta will continue to use Nvidia's GPUs in its data centers, with plans to have 350,000 H100 processors in service by the end of the year.

Google announces Tennessee as site for small modular nuclear reactor - The Economic Times

Economic Times

Economic Times · 10d ago

Google announces Tennessee as site for small modular nuclear reactor - The Economic Times

Google and Kairos Power plan to build an advanced nuclear power plant in Oak Ridge, Tennessee, to power data centers by 2030. This initiative supports Google's agreement to purchase nuclear energy, providing 500 megawatts of capacity to power 350,000 homes. The 50-gigawatt plant, under a long-term deal with Tennessee Valley Authority, will deploy generation IV nuclear technology. The U.S. Energy Secretary highlights its importance for AI dominance and energy leadership, aiding the American nuclear renaissance.

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