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Barchart
Barchart
Wajeeh Khan

As Other Companies Double Down on AI, Starbucks Is Jumping Ship. What It Means for SBUX Stock.

Starbucks (SBUX) stock closed in the red on Friday after the coffee company retired its AI-powered inventory counting tool across all North American stores.

The announcement arrives just nine months after SBUX deployed that system as a key component of CEO Brian Niccol’s “Back to Starbucks” turnaround strategy.

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