What: Walmart is now a software editor as it looks to sell its AI-powered logistics optimization software.

Why it is important: Many IADS members also have resources that could be sold as white-label items to other department store companies.

Walmart is venturing into selling software aimed at optimizing delivery efficiency, utilizing AI for route mapping, a system that has already saved them $90 million in a year. This move, part of Walmart's broader strategy to diversify its revenue streams beyond traditional retail, includes expanding into advertising, marketplace businesses, and acquiring smart-TV maker Vizio for $2.3 billion to enhance its advertising capabilities. Walmart's commerce technologies unit, targeting retailers for now, reflects its aim to leverage technology for broader industry application, marking significant steps in diversifying business operations.

Walmart to sell AI-powered logistics software