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Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas. The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses.
SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo which focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.
Sam's West, Inc. is an American chain of membership-only warehouse club retail stores owned and operated by Walmart Inc., founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. As of January 31, 2019, Sam's Club ranks second in sales volume among warehouse clubs with $84.3 billion in sales, behind its main rival Costco Wholesale.
A warehouse club is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. They are distinguished from traditional cash-and-carry wholesale businesses in that their warehouses are substantially larger in size, and they do not cater purely to businesses but also allow some or all types of consumers to obtain memberships. They are also distinguished from warehouse stores in that they usually charge annual membership fees, and require presentation of proof of membership at the warehouse entrance and again at the point of sale.
Tungsten Automation, formerly Kofax Inc., is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents.
Self-checkouts (SCOs), also known as assisted checkouts (ACOs) or self-service checkouts, are machines that provide a mechanism for customers to complete their own transaction from a retailer without needing a traditional staffed checkout. When using SCOs, customers scan item barcodes before paying for their total shop without needing one-to-one staff assistance. Self-checkouts are used mainly in supermarkets, although they are not uncommon in department or convenience stores. Most self-checkout areas are supervised by at least one staff member, often assisting customers process transactions, correcting prices, or otherwise providing service.
C&S Wholesale Grocers is a national wholesale grocery supply company in the United States, based in Keene, New Hampshire. In 2021 it was the eighth-largest privately held company in the United States, as listed by Forbes. C&S operates and supports corporate grocery stores and services independent franchisees under a chain-style model throughout the Midwest, South and Northeast. C&S owns the Piggly Wiggly grocery brand, which is independently franchised to store operators, the Grand Union supermarkets brand, as well as several private label brands, including Best Yet.
Daniela L. Rus is a roboticist and computer scientist, Director of the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL), and the Andrew and Erna Viterbi Professor in the Department of Electrical Engineering and Computer Science (EECS) at the Massachusetts Institute of Technology. She is the author of the books Computing the Future and The Heart and the Chip.
Amazon Robotics, formerly Kiva Systems, is a Massachusetts-based company that manufactures mobile robotic fulfillment systems. It is a subsidiary company of Amazon.com. Its automated storage and retrieval systems have been used in the past by companies including The Gap, Walgreens, Staples, Gilt Groupe, Office Depot, Crate & Barrel, and Saks 5th Avenue. Employees of erstwhile Kiva now only work in Amazon warehouses.
Automation Anywhere is an American global software company that develops robotic process automation (RPA) software.
Harvest Automation, Inc. is a robotics company headquartered in Billerica, Massachusetts, that manufactures small, mobile material handling robots for nursery, greenhouse and eCommerce fulfillment applications.
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
The fields of marketing and artificial intelligence converge in systems which assist in areas such as market forecasting, and automation of processes and decision making, along with increased efficiency of tasks which would usually be performed by humans. The science behind these systems can be explained through neural networks and expert systems, computer programs that process input and provide valuable output for marketers.
Marc Eric Lore is an American entrepreneur, businessman, investor, and NBA owner. In December 2021, CNBC reported that Lore is now the Founder, Chairman, and CEO of the Wonder Group. From 2016 to 2021, he was the President and CEO of Walmart U.S. eCommerce. Lore was appointed in September 2016 to lead Walmart's e-commerce division when his company Jet.com—an e-commerce website launched in 2014—was acquired by Walmart, Inc. Walmart purchased Jet for $3.3 billion.
Robotic process automation (RPA) is a form of business process automation that is based on software robots (bots) or artificial intelligence (AI) agents. It is sometimes referred to as software robotics.
Lawbots are a broad class of customer-facing legal AI applications that are used to automate specific legal tasks, such as document automation and legal research. The terms robot lawyer and lawyer bot are used as synonyms to lawbot. A robot lawyer or a robo-lawyer refers to a legal AI application that can perform tasks that are typically done by paralegals or young associates at law firms. However, there is some debate on the correctness of the term. Some commentators say that legal AI is technically speaking neither a lawyer nor a robot and should not be referred to as such. Other commentators believe that the term can be misleading and note that the robot lawyer of the future won't be one all-encompassing application but a collection of specialized bots for various tasks.
UiPath Inc. is a global software company that makes robotic process automation (RPA) software. It was founded in Bucharest, Romania, by Daniel Dines and Marius Tîrcă. Its headquarters are in New York City. The company's software monitors user activity to automate repetitive front and back office tasks, including those performed using other business software such as customer relationship management or enterprise resource planning (ERP) software.
Vecna Robotics, Inc. is an American robotics and technology company headquartered in Waltham, Massachusetts. Incorporated in 2018 as a spin-off from Vecna Technologies, the company specializes in automated material handling, hybrid fulfillment and workflow optimization for industrial applications.
Symbotic is an American robotics warehouse automation company based in Wilmington, Massachusetts.
Berkshire Grey, Inc. is an American technology company based in Bedford Massachusetts that develops integrated artificial intelligence (“AI") and robotic solutions for e-commerce, retail replenishment, and logistics. The company's systems automate pick, pack and sort operations.
References
- ↑ "Rick Cohen, Chairman and Chief Product Officer". Symbotic.
- 1 2 Feldman, Amy (December 13, 2021). "Meet The Billionaire Robot Overlord Reinventing Walmart's Warehouses". Forbes . Archived from the original on March 28, 2022.
- 1 2 "History and Mission". Cohen Center for Holocaust and Genocide Studies. Keene State College. Archived from the original on March 28, 2022.
- ↑ Tablet Magazine: "The Jewish Billionaire No One's Heard Of" by Adam Chandler, August 5, 2013.
- 1 2 3 4 5 Bloomberg: "Hidden Billionaire Cohen Hauls Fortune in Unmarked Trucks" by Brendan Coffey and Zohair Siraj, August 5, 2013; accessed May 3, 2014.
- ↑ "Walmart Backed Supply Chain Company Symbotic Gets SPAC Deal: What Investors Should Know". Business Insider. December 13, 2021. Archived from the original on June 12, 2022.
- ↑ Robbie Whelan (September 20, 2016). "Fully Autonomous Robots: The Warehouse Workers of the Near Future" . The Wall Street Journal . Archived from the original on December 9, 2016.
- ↑ Podder, Sohini; Yasmin, Mehnaz (December 13, 2021). Dwivedi, Vinay; Kuber, Shailesh (eds.). "SoftBank SPAC to take Walmart-backed Symbotic public in $5.5 bln deal". Reuters. Archived from the original on October 15, 2023.