What Is West Fraser Timber Co Ltd (WFG) Doing with Kodiak AI?

On May 7, West Fraser Timber Co Ltd (NYSE:WFG) tapped Kodiak AI, Inc. for an autonomous logging aviator that could assistance it code the occupation of operator shortage. Kodiak builds AI-powered self-driving vehicles for concern applications.

West Fraser volition effort retired Kodiak AI-powered autonomous trucks for log-hauling operations successful Alberta, Canada. The archetypal enactment volition impact West Fraser utilizing the self-driving trucks to transport timber from wood sites to a processing facility. This aviator task volition pass West Fraser’s determination regarding the aboriginal deployment of Kodiak AI-powered trucks for commercialized driverless operations.

Kodiak’s autonomous driving exertion is designed to grip analyzable concern trucking conditions. With driverless trucks, West Fraser sees an accidental to code operator shortages, heighten the information of its log-hauling operations, and amended the consistency of log proviso to the mills. The aviator volition statesman aboriginal this year. West Fraser anticipates spending betwixt $300 cardinal and $350 cardinal connected superior expenditures successful 2026.

West Fraser Timber Co Ltd (NYSE:WFG) is simply a Canadian wood products company, providing materials utilized successful caller location construction, repair, and remodeling. Its merchandise scope includes oriented strand board, lumber, fibreboard, plywood, and pulp.

While we admit the imaginable of WFG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Sin Stocks to Buy Now and 8 Best CBD Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey connected Google News.