Sign up
Log in
Chipotle Testing Avocado-Peeling 'Cobots' Or Collaborate Robots -- MarketWatch
Share
Listen to the news

Chipotle Mexican Grill (CMG) said Monday it is currently testing its Autocado prototype, which it calls a cobot, or collaborative robot, at a restaurant in Huntington Beach, Calif. Chipotle is also testing its kitchen-operations cobot called Augmented Makeline, built in collaboration with Hyphen, in a store at Corona del Mar, Calif. Chipotle said it has invested an undisclosed amount of money into Vebu, the maker of the Autocado device and Hyphen from its $100 million venture-capital fund, Cultivate Next, which launched in 2022. Curt Garner, Chipotle's chief customer and technology officer, said the devices "could help us build a stronger operational engine that delivers a great experience for our team members and our guests while maintaining Chipotle's high culinary standards." Chipotle's stock was up 0.2% in premarket trading on Monday.

-Steve Gelsi

For more from MarketWatch: http://www.marketwatch.com/newsviewer

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

September 16, 2024 08:27 ET (12:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.