News

News

Investment in Supply Chain Tech Grows

According to Environment Leader, investment in supply chain tech is growing as companies signal that it is becoming a priority for them. 

Investment in supply chain technology and risk management is rapidly increasing as efficiency and sustainability becomes more of a priority across business operations, and two artificial intelligence platform providers announced receiving funding for their systems this week.

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Symbotic to Go Public

According to Yahoo Finance, Symbotic LLC, an AI enabled platform for supply chain, has announced a merger that will make Symbotic a public company on Nasdaq. 

Symbotic LLC ("Symbotic" or the "Company"), a revolutionary A.I.-enabled technology platform for the supply chain, and SVF Investment Corp. 3 (NASDAQ: SVFC) ("SVFC"), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers ("SBIA"), today announced a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq. 

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The Defense Supply Chain Remains Vulnerable

The defense supply chain is still vulnerable, reports National Defense. 

As COVID-19 and the ensuing economic challenges have exposed, the United States faces substantial supply chain vulnerabilities and weaknesses.

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