Softbank group and symbotic establish new warehouse-as-a-service joint venture to transform supply chain services through automation and a.i.

Tokyo & wilmington, mass.--(business wire)--softbank group corp. (tse: 9984, “softbank”) and symbotic inc. (nasdaq: sym), a leader in a.i.-powered automation technology for the supply chain, today announced the establishment of greenbox systems llc (“greenbox”), a new joint venture to address the more than $5001 billion annual warehouse-as-a-service market opportunity. concurrently, symbotic also announced an approximately $7.5 billion new customer contract with greenbox, who will be the exclus.
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