A.I.-powered robots dispatched to retail stores. Berkshire Hathaway to hit major milestone. Bed Bath & Beyond mulls asset sale. Fed rethinks loopholes that masked SVB losses. Plus, an exodus is coming to AI.
A.I.-powered robots are changing retail. Outfitted with cameras and sensors, autonomous inventory robots that can verify price signs and look for out-of-stock items are being deployed at big box stores. Eager to boost sales, relieve workers from mundane tasks and respond to the ongoing labor shortage, retailers and supermarkets are adding robots to their store aisles.
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Berkshire Hathaway’s energy company is about to hit a major renewable energy milestone. Based on the latest annual data from Berkshire Hathaway’s utility operations, Berkshire Energy’s electricity production from renewable sources including wind and solar is on track to comfortably surpass the recent national average and come close to half of all power generation.
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