FedEx to invest further in artificial intelligence, robotics technology

By , Daily Memphian Published: August 03, 2022 4:00 AM CT

Per the new agreement, FedEx will purchase up to $200 million in services from a Massachusetts-based technology company, in exchange for warrants for 25 million shares of its stock. 

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FedEx Corp. Berkshire Grey Rebecca Yeung
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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