FedEx Ground deployed Berkshire Grey Robotic Product Sortation and Identification systems to sort thousands of small parcels daily at its facility in Queens, N.Y.
Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, is going public through a merger with special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC). The deal values the combined company at $2.7 billion. Berkshire Grey said it will have approximately $507 million in cash when…