Walmart invests in Cruise for last-mile delivery

Cruise Walmart

How impressed has Walmart been with its last-mile delivery tests with Cruise? So impressed that Walmart just invested in the San Francisco-based developer of autonomous vehicles. Walmart, and several institutional investors, added $750 million to Cruise’s recent funding round, extending it to $2.75 billion.

In November 2020, Cruise and Walmart announced a self-driving delivery pilot in Scottsdale, Ariz.

The post Walmart invests in Cruise for last-mile delivery appeared first on The Robot Report.

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