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Pactum Inc.

Walmart Uses AI to Negotiate Shopping Cart Prices With Suppliers

Walmart has been reportedly using a chatbot developed by California-based Pactum Inc., a company that specializes in autonomous negotiation software.Image: Sundry Photography (Shutterstock)As the music industry struggles with AI’s role in the creative and copyright process, it looks like the retail industry might be ready to welcome artificial intelligence with open arms. Walmart is apparently using AI to bargain with suppliers for the best prices on some of its necessities—and the suppliers seem to love it.Netflix