Avery Dennison Invests $75 Million in Physical AI Firm Wiliot
Avery Dennison (NYSE:AVY) has invested $75 million in Wiliot, a company specializing in Physical AI for supply chain operations. The investment includes a board seat for Avery Dennison and aims to expand their joint go-to-market strategy across retail, logistics, and food sectors. The partnership is expected to enhance supply chain intelligence through Wiliot's battery-free Bluetooth sensors.
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