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Why have Israeli stocks started rising?

Psagot Mutual Funds CEO Eyal Goren: Certainty, even bad certainty, enables the market to move forward.

Fabric teams with Maersk on Dallas robotic warehouse

The new facility, which will be powered by Fabric’s advanced robotic and software technology, features an AI-driven, automated e-commerce fulfillment solution.

Israeli retail logistics co Fabric lays off 120

The company is firing 40% of staff and adopting a new strategy in which it will provide robots to supermarkets, which will operate them.

Israeli retail logistics co Fabric raises $200m

Walmart teams with Israel s Fabric on logistics centers bots

Walmart teams with Israel s Fabric on logistics centers bots Fabric already works in this manner with at least two retail chains in Israel. US retail giant Walmart is to set up bot-staffed logistics centers based on the technology of Israeli robotics startup Fabric, and two other tech companies - Alert Innovation and Dematic - in order to provide the micro-fulfillment centers. The smart logistics service, adjacent to or actually inside Walmart stores, will allow the retail giant to fulfil more orders and deliver them more quickly. RELATED ARTICLES Walmart is currently setting up dozens of these robot-staffed automated warehouses around the US to improve the speed of supply with the aiming of fulfilling orders for pickup by customers or couriers within an hour.

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