How Walmart Can Benefit From AI and Automation
WalmartWalmart(US:WMT) Investopedia·2024-07-10 17:43

Key TakeawaysWalmart is one of many retailers making investments in artificial intelligence (AI) to streamline operations.Jefferies analysts wrote Wednesday that in their projections, Walmart's operating income could nearly double by fiscal 2029 from fiscal 2023 thanks to the investments.The new AI-related efforts include automated forklifts, AI-powered automated receipt checking at Sam's Club, and more. Walmart's (WMT) investments into automation and artificial intelligence (AI) could nearly double the ret ...