FedEx to invest further in artificial intelligence, robotics technology
FedEx Ground is already working with Berkshire Grey in some markets to deploy systems to robotically sort small packages that arrive daily and require distribution. (AP File Photo/Keith Srakocic)
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 YeungRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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