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International Paper Leads $36 Million Funding for Relay Smart Radios

International Paper led a $36 million funding round for smart radios company Relay after deploying the technology.

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What happened
International Paper led a $36 million funding round for smart radios company Relay. Following a trial at a Tampa, Florida, facility, International Paper deployed the AI-supported frontline communication technology across more than 20 locations, according to Packaging Dive.
Why it matters
This investment highlights how packaging manufacturers are adopting AI-supported communication tools for frontline operations across multiple sites.
Who is affected
Converters, packaging suppliers, and investors.

According to Packaging Dive, International Paper invested in the AI-supported frontline communication technology by leading the funding round for Relay.

AI-generated brief, not yet reviewed by an editor. Written automatically from the linked source (Packaging Dive) and checked by an automated fact-check. It may contain errors — read the original source. Report a problem · How we use AI

Sources

  1. International Paper investing in AI-supported frontline communication tech — Packaging Dive

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