SoftBank Backed Symbotic Completes SPAC Marger, Ready to Scale AI Driven Warehouse Robots
June 13, 2022
Symbotic, which has developed AI and automation for supply chains, has completed its multi-million-dollar deal with SVF Investment Corp. 3 and gone public.
Symbotic and Walmart Expand Partnership to Implement Automation in 42 Regional Distribution Centers
May 23, 2022
Symbotic will be rolling out its robots and software to all 42 of Walmart's regional distribution centers over the next eight years, expanding from 28 centers.
Symbotic to Take AI Powered Supply Chain Robots Public With SoftBank Partnership
December 13, 2021
Symbotic, which supplies AI-driven warehouse automation to customers such as Walmart, expects SPAC transaction with SoftBank to help it address $5 billion backlog in orders.
Walmart to Expand Deployment of Symbotic Supply Chain Automation to 25 Distribution Centers
July 14, 2021
Symbotic, which provides supply chain robots and software for intake, storage, and palletizing, has been working with Walmart since 2017 and will expand its deployment.