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Zipline announced a $1.5 billion funding round on Thursday, valuing the company at $21.5 billion. The drone delivery firm will add 300 Walmart sites nationwide, building on a program that has completed over 2 million deliveries since 2021. Investors include Paradigm and Uber, which targets 1 million daily deliveries by 2029.
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Summary by ByteBrief

Symbotic says Walmart has committed an additional $6B over several years to deploy Symbotic's supply-chain automation technology across its distribution network (Sanskriti Shekhar/Reuters)

Gallium Defense Raises 7.1M Seed Funding

Trump Post Launches $300 Million Drone Startup