$70 million funding for AI-powered forklifts

Artificial IntelligenceHigh Tech / High TouchNetwork AssociationBehind the Wheel
Written By Jennifer Joslyn

💰 $70 million funding for AI-powered forklifts.

Qualcomm Ventures and Zebra Technologies are funneling large amounts of funding into autonomous forklift technology created by Third Wave Automation (TWA). This technology is being utilized through Zebra’s Fetch robots - a type of autonomous mobile robot (AMR) designed for use in warehouse and distribution center operations. These robots are designed to automate repetitive and time-consuming tasks, such as material handling, picking, and transport.

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Jennifer Joslyn
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