Wonder plans IPO, targets fully automated food preparation and delivery by 2040

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Food technology company Wonder is planning an IPO and aims to achieve fully automated food preparation and delivery by 2040 through expansion and automation. The company plans an aggressive expansion in Texas and is launching a subscription program that allows consumers to operate their own “restaurants”; because it owns Grubhub, users can place orders through its app without paying delivery fees. Wonder’s “programmable cooking platform” can currently prepare meals from 25 restaurants, and AI will eventually generate restaurant information and menus based on customer descriptions.