Business, Technology, Autonomous
Robot Makers Fill Their War Chests in Fight Against Amazon
A few years ago, Amazon.com Inc. triggered a robot arms race when it purchased a company called Kiva Systems, maker of automated warehouse robots. Now its would-be rivals are landing bigger and bigger cash injections to try to compete with the e-commerce giant.
Kim Bhasin and Patrick Clark | Bloomberg News
November 20, 2017Business
How Amazon Triggered a Warehouse Robot Arms Race
Amazon whipped out its wallet and threw down $775 million to purchase these robot legions in 2012. The acquisition effectively gave Jeff Bezos, its 52-year-old chief executive, command of an entire industry.
Kim Bhasin and Patrick Clark | Bloomberg News
June 29, 2016Follow Us
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