Walmart to Invest $200 Million in Autonomous Forklifts from Fox Robotics

Jul 26, 2024, 11:06 AM

Walmart plans to invest $200 million in autonomous forklifts to automate its warehouse operations. The retail giant will start with hundreds of units from Fox Robotics, with the rollout contingent on the performance of these 'FoxBots.' Walmart retains the option to halt the project if the performance does not meet expectations. This initiative is part of Walmart's broader efforts to enhance automation in its logistics and supply chain processes, according to three sources.