Berkshire Gray, an AI software and robotics company, has announced its merger with RAAC in a SPAC merger. The company already has partnerships with major players like Walmart, FedEx, and Target, and aims to help retail, e-commerce, grocery, and package handling companies compete against Amazon. Berkshire Gray expects high growth rates and has a projected revenue of almost $1 billion by 2025. The company’s software and AI solutions enable increased production and a 70% reduction in labor spend through robotic picking. The company’s spac is currently trading at around $12.66, and investors have the option to buy warrants or shares.