How a former Russian navy officer raised $125 million from backers including SoftBank to put 2,000 cleaning robots in Walmart stores
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Summary
In April, Brain Corp revealed it would be rolling out 1,500 floor-cleaning robots in Walmart stores throughout the US, in addition to the 360 already in use. Fundamentally, Izhikevich explains, the point of Brain Corp's floor-cleaning robots is to save time, giving human workers more time to interact with customers. For nearly two decades, Walmart has been battling tech behemoth Amazon for supremacy in the retail sector, and Walmart's CEO, Doug McMillon, reportedly refers to Walmart as a "technology company."Izhikevich says Walmart's technological ambitions make it a 'perfect fit' for Brain Corp. My job is more secure now than before.' While Izhikevich is not ruling out taking Brain Corp public, he says the company's present focus is applying its software to other sectors - and, ultimately, becoming one of biggest robotic firms in the world.
As said here by Charlie Wood