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The Surprising Way Artificial Intelligence (AI) Chatbots Are Giving Walmart's Business a Boost

The Motley Fool·
The Surprising Way Artificial Intelligence (AI) Chatbots Are Giving Walmart's Business a Boost

AI chatbots frequently recommend Walmart as their default answer for shopping queries, with UBS analysis showing it as the preferred retailer for everyday consumption. While this trend could drive traffic to stores and 34% of consumers are willing to use AI for holiday gift recommendations, analysts question whether this boost will be significant enough to justify Walmart's current valuation of 40x trailing earnings, given the company's modest growth rate.

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