US stocks move: Starbucks rises over 2% amid reports of using AI technology to develop internal software tools

Glonghui, July 9 — Starbucks (SBUX.US) rose more than 2%, trading at $106. According to reports, Starbucks is leveraging artificial intelligence technology to develop internal software tools. These tools are expected to replace the inventory management system and maintenance management tools that the company currently purchases from an exchange. If the test results are satisfactory, Starbucks’ internally developed software could be put into use by the end of next year.