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A USDA study shows just 27% of farmers are using emerging technologies like Artificial Intelligence. Investment is expected to grow across the industry from more than $2 billion this year to more ...
In Indiana, where agriculture contributes an estimated $35 billion annually to the state's economy, experts believe AI holds the potential to transform the industry's production methods and ...
For most retail investors, there’s a chance you already have exposure to AI, as many large U.S. public companies are either using AI or are actively looking to invest in the technology.
The loss of agricultural jobs can be offset by new job opportunities in manufacturing and maintaining the necessary technology for the work. Digital agriculture also enables individual farmers to work in concert, collecting and sharing data using technology. [135] and The hope is that young people want to become digital farmers [136]
The E-agriculture in Action series of publications, by FAO-ITU, that provides guidance on emerging technologies and how it could be used to address some of the challenges in agriculture through documenting case studies. E-agriculture in Action: Big Data for Agriculture [22] E-agriculture in Action: Blockchain for Agriculture [23]
This investment was seen as a push from Jibo to start expanding globally. In February 2016, the firm led an investment in agriculture IoT company Edyn. [5] The investment in Edyn was another event in Fenox establishing itself as a key investor and supporter of American technology startups aspiring to grow globally.
Investment in AI technologies is set to surge, with projections showing a growth from $1.7 billion in 2023 to an anticipated $4.7 billion by 2028, indicating a compound annual growth rate of 23.1%.
As CIO of an agricultural giant with annual sales of $177 billion, Jennifer Hartsock thinks about how the tech tools and capabilities she deploys can help farmers become profitable and sustainable.
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