Amazon Sets Up $1 Billion Industrial Innovation Fund

Modjoul was recently mentioned in this Forbes article.

“Amazon this morning announced that it had set up a $1 billion industrial innovation fund to invest in supply chain, fulfillment and logistics.

A leader in the move to use robotics and automation in its warehouses since its acquisition of Kiva a decade ago, Amazon’s new fund represents a move to go even further into using technology to improve logistics as consumers demand ever faster deliveries and the supply-chain crisis has moved front and center…”

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