"Walmart rebuilt itself into something that looks a lot more like a tech company. It even moved its stock to the Nasdaq, listed next to Apple, Nvidia, Meta, and-of course-Amazon."
"In late 2024, Walmart used its AI to overhaul 850 million lines of product data. This is pretty boring stuff-granular details like dimensions, descriptions, and specifications, for nearly every item it sells."
"By doing it with code, Walmart built a foundation in which search results actually match customer intent. It's the difference between guessing what you're looking for and using technology to give you exactly what you want."
Walmart's achievement of a $1 trillion market cap marks a significant milestone in its 64-year history as a leading retailer. The company has adapted to the shift towards online shopping, facing competition from Amazon. Recently, Walmart has transformed itself into a tech-centric entity, moving its stock to the Nasdaq. A key factor in this transformation was the use of AI to overhaul 850 million lines of product data, enhancing search results to better align with customer intent and streamlining operations.
Read at Fast Company
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