Walmart's AI Investments Pay Off as Retail Giant Sells Software and Outperforms Big Tech Stocks
• Walmart has invested heavily in AI over the years, using it to manage supply chains, power fulfillment centers, provide customer service, and more.
• Walmart is now selling its AI route optimization software to other companies.
• Walmart generated more revenue than any of the "Magnificent Seven" stocks in 2022 at $648 billion.
• Walmart shares have surged over 30% in the past year, outpacing companies like Tesla and Apple.
• While Walmart may not seem like an obvious AI stock, its deep integration of AI throughout operations makes it one.