Walmart will open a Silicon Valley incubator to back startups working on technologies that will impact the retail sector, including virtual reality and drone delivery.
US-based retail chain Walmart Stores is set to launch an incubator in Silicon Valley that will support startups developing products that may influence the retail industry, Bloomberg has reported.
The incubator, Store No 8, will seek to partner startups, venture capital investors and academics, and will back technologies such as drone delivery, personalised shopping, robotics, autonomous vehicles, virtual and augmented reality, and artificial intelligence.
Store No 8 will aim to help develop the technologies to use them across Walmart. It takes…
