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Walmart, a retailer, announced Tuesday that it had formally entered into a strategic partnership with technology giant Microsoft. Its goal is to extend the use of cloud technologies and artificial intelligence technologies in store chains.
The news that the two companies put their hand back in June. Although in different areas, both are the main direct competitors of the Amazon. This is why their partnership is considered extremely important. That's for a period of 5 years, during which Microsoft's cloud solutions, including Microsoft Azure and Microsoft 365, will make buying faster and easier for customers. As part of this partnership, Walmart and Microsoft engineers will work together to help migrate a significant portion of Azure's walmart.com and samsclub.com sites, says Business Insider.
Analysts point to Walmart's efforts to dramatically increase its online presence while Microsoft is working on technology to remove checkouts and paylines from stores.
Amazon, for its part, has already published its first non-monetary retail outlets and has a plan for their gradual expansion.
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