CNBC's Michelle Castillo is reporting on Walmart's new AI driven sustainability initiative.
Walmart is piloting a new in-store artificial intelligence system to help employees manage products more efficiently, aiming to minimize waste and reduce costs. The AI advises on optimal times for markdowns and decisions regarding perishable items like bananas and seasonal clothing, predicting spoilage and fashion obsolescence. This technology enables quick, data-informed decisions that could lead to significant reductions in food and fashion waste, crucial in an industry notorious for its environmental impact. The initiative, which is starting in Canada with plans for future expansion, is part of Walmart's broader sustainability efforts to eliminate operational waste by 2025 and reduce its environmental footprint.
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Source: CNBC
https://www.cnbc.com/2024/05/05/ai-could-drive-natural-gas-boom-as-utilities-face-surging-electric-demand.html
(This article was written with assitance from ChatGPT)
