Walmart plans to invest $200 million in self-driving forklifts

According to online news, Walmart, the world's largest retailer, plans to invest $200 million in phases to purchase self-driving forklifts in the next few years. The move is to automate warehouse operations, improve efficiency and reduce costs. It is reported that Walmart will purchase hundreds of automatic forklifts from Austin startup Fox Robotics and invest $25 million in the company. Walmart spokesperson Camille Dunn said the plan will be based on the company's satisfaction with "FoxBots".