Amazon Bets €10bn on AI, Robotics and the Future of European Logistics

When Amazon acquired robotics company Kiva Systems for $775 million in 2012, the move was viewed as an ambitious attempt to improve warehouse efficiency. Fourteen years later, that experiment has evolved into one of the largest robotics deployments in commercial history. Amazon now operates more than 750,000 robots across its global fulfilment network and has […] The post Amazon Bets €10bn on AI, Robotics and the Future of European Logistics appeared first on The Middle East Observer.