The prize asset Serve is set to pick up in the acquisition is Vebu’s Autocado machine, which it claims can cut, core and ...
The Autocado has since moved into a single-restaurant test, but its parent company has been acquired by Serve Robotics Inc. As a result of the acquisition, Serve Robotics is now working directly with ...
Robot delivery company Serve is buying Vebu, maker of the Autocado. It’s also getting a massive new customer in fast-casual ...
Boatwright, who has been interim CEO since August, said on an earnings call that the chain will continue its current ...
Bloomin’ Brands has agreed to refranchise its Brazilian Outback Steakhouse restaurants to the Brazilian investment firm Vinci ...
The acquisition of the Chipotle-backed equipment developer signals Serve’s interests are growing from the sidewalk to the ...
Chipotle Mexican Grill (NYSE: CMG) is a restaurant chain that has developed a big Gen-Z following, in addition to its ...
Serve Robotics , known for its sidewalk delivery robots, is branching out from its mainstay focus on automated delivery solutions and into restaurant kitchens through its acquisition of the 'Autocado' ...
Chipotle's stock has declined over 9% since my "sell" rating, underperforming the S&P 500. Read why I'm neutral on CMG stock ...
Chipotle is investing in back-of-the-house technology to maintain consistency across restaurants and lift efficiency. All ...
Autocado, are currently being piloted at restaurants in California. Boatwright said both are "highly customized technologies that could provide big unlock for us in the future." Chipotle ended Q3 ...
and quesadillas—and the Autocado, a robot that cuts, cores, and scoops avocados. These features were installed in their first ...