SoftBank and Symbotic form GreenBox joint venture for warehouse automation

SoftBank Group and Symbotic established GreenBox Systems LLC, a joint venture to offer warehouse-as-a-service automation using Symbotic's AI-powered robotics. SoftBank owns 65% and Symbotic 35% of GreenBox, which also signed a $7.5 billion contract to purchase Symbotic systems.

“GreenBox enables Symbotic to bring the benefits of our technology to a broader customer universe, expanding our market opportunity.”cioinfluence.com

• 1 source
• cioinfluence.comSoftBank Group and Symbotic To Transform Supply Chain Services Through Automation and A.I.Business WireJul 24, 2023

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