Via Economic Policy Journal

McDonald’s has announced that it has agreed to acquire Apprente, a company that is trying to automate the drive-thru. It’s the fast-food giant’s third tech-focused deal this year, reports CNBC.

Apprente, a Silicon Valley company founded in 2017, uses artificial intelligence to understand drive-thru orders, which could cut down on service times. McDonald’s said the technology also could be used someday in its self-order kiosks and mobile app.

McDonald’s stock, which has a market value of $167 billion, is up 22% this year.

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