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In a webinar hosted by Keelings Knowledge, Julia Baumanns, Technical Delivery Manager at Microsoft, and Tobias Fausch, CIO at BayWa, talked about future technologies in the fresh produce industry. Baumanns leads a pan-European team working on digital transformation, while Fausch works in sustainable energy at BayWa. The webinar was moderated by Eva Schrder, sales and marketing manager at Keelings Knowledge.

Among the topics discussed was the extent to which the fruit and vegetable industry could benefit from the use of artificial intelligence and process automation, and the extent to which the industry would need to adapt technologically. While the fruit and vegetable industry is already using quite a lot of IT at the moment, it is clearly lagging behind other industries, Eva Schrder said. "The need to move with the times; to go digital is important. Ultimately, the industry also needs to become increasingly digital."

Tobias Fausch from BayWa

Artificial intelligence (AI) is here to stayFausch is convinced that AI will become established. However, he says it will continue to rely on data inserted by humans and is by no means an autonomous intelligence. "AI is already being used to detect defects on products, or unripe fruit," Fausch said. However, he claims that for a farm to become a market leader in this area, not only the industry would have to evolve but AI's themselves.

Baumanns takes a similar view. AI can be a driver for innovation, research and can definitely make a difference competition-wise. In this regard, she mentioned Microsoft's FarmBeats software, a cloud for customers in the fruit and vegetable industry that can collect and process data in real time. "AI, however, is only as good as it is users. If you don't know how to use data, it will not do you much good." At the same time, she said, the use of AI can also provide businesses with new employees, such as data analysts.

Julia Baumanns from Microsoft

"Data is the new oil"Baumanns stresses that understanding data processes in companies is important. Baumanns echoed a well-known mantra in the tech industry, saying: "Data is the new oil." The "customer experience" in particular, but also the "employee experience," can be enhanced by processing data correctly, she said.

Fausch agrees with this, also seeing AI as a way to make certain processes more efficient and streamlined, which in turn saves time and money. "Furthermore, it's also possible to analyze customer participation. It's about improving the customer's experience. It can also be an offer for customers to actively help shape and adjust a company. Through the data a company gains, it can also analyze customer behavior, in order to be able to respond appropriately."

The use of harvesting robots has already created a first step toward automation, he said. Especially in terms of supply chains, there is certainly room for improvement in warehousing/logistics. "At the same time, of course, automation must not increase the company's own CO2 emissions," says Baumanns.

Sustainability and sharing economySustainability and a "sharing economy" are two trends that will remain important topics in the coming years. Sharing economy refers to the idea of previously competing companies cooperating, to combat the effects of climate change. Sustainability means using existing resources efficiently, for example to analyze soil quality.

Fausch emphasizes that the necessity of process automation would have to be measured by how often a particular task is performed, in order for automation to pay off. When there are less than 20,000 repeated tasks per year, there is no need for automation. Process optimization will continue to be a big issue.

Keelings Knowledge is part of the Keelings Group, which was founded by the Keelings family in 1926. The Keelings Group supplies the entire supply chain and focuses on the fresh produce industry. Since 2012 they also provide their software across Europe for external customers such as some production companies, wholesalers, for import and export, and more.

For more information:Eva SchrderKeelings KnowledgeKnigsallee 60 F40212 Dsseldorf Handy.: +49 162 877 5335Tel.: +49 211 89 03 677sales@keelingsknowledge.com https://www.keelingsknowledge.com/de/

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Artificial intelligence and process automation in the fresh produce industry - FreshPlaza.com

C3.ai (NYSE:AI) stock is getting a boost on Monday after ARK Invest CEO Cathie Wood singles out artificial intelligence (AI) as the next big move in investing.

Source: shutterstock

Heres what Wood had to say on the matter at the Milken Institute conference in October, as reported by MoneyWise

We were assuming that in the next 10 years, artificial intelligence would deliver, in the enterprise software space, a market cap opportunity of $30 trillion. Our new number is $80 trillion. We think that is the big new frontier.

With Wood taking such a strong stance on AI, investors are flocking to companies in the space. That includes C3.ai, which has seen some 2.5 million shares change hands as of this writing. Thats just shy of its daily average trading volume of 2.7 million shares.

Now that you know why AI stock is rising today, lets jump into the details about the company.

AI stock was up 3.3% as of Monday morning but is down 59.3% since the start of the year.

Theres more of the most recent stock market news below!

Weve got all the latest stock news for Monday that traders need to know about. That includes the news that has shares of Gores Guggenheim(NASDAQ:GGPI), Akerna(NASDAQ:KERN), and Oatly(NASDAQ:OTLY) on the move. You can find more of this info at the following links!

On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Article printed from InvestorPlace Media, https://investorplace.com/2021/11/ai-stock-9-things-to-know-about-c3-ai-as-cathie-wood-bets-big-on-artificial-intelligence/.

2021 InvestorPlace Media, LLC

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AI Stock: 9 Things to Know About C3.ai as Cathie Wood Bets Big on Artificial Intelligence - InvestorPlace

Two researchers from Mila, the Quebec Artificial Intelligence Institute, have contributed to a major report offering specific recommendations on how AI can help mitigate climate challenges.

David Rolnick, Mila core academic member and Assistant Professor at McGill University, is one of the lead authors of the report.

Mila researcher Sasha Luccioni also contributed to the report as one of the project authors, focusing on the responsible development, deployment, and governance of AI in the context of climate change.

MONTREAL, Nov. 11, 2021 /CNW Telbec/ - A new report produced by the Centre for AI & Climate and Climate Change AI for the Global Partnership on AI (GPAI), outlines the potential for artificial intelligence (AI) to power climate action and strategy. Earlier this week, the report, Climate Change and AI: Recommendations for Government, was presented at COP26 in Glasgow, the 2021 United Nations Climate Change Conference. The report, co-authored by 15 leading AI researchers from around the world, calls for governments and policy-makers to expedite AI-driven climate solutions.

Mila (CNW Group/Mila - Quebec AI Institute)

David Rolnick, Canada CIFAR AI Chair and a Co-founder and Chair of Climate Change AI, is one of the report's lead authors alongside Climate Change AI's Priya Donti (Carnegie Mellon University, USA) and Lynn Kaack (Hertie School, Germany) and Centre for AI & Climate's Peter Clutton-Brock (Radiance International, UK). Rolnick is widely recognized within the AI community for his work at the intersection of machine learning and sustainability, being named earlier this year in the Pioneer category of MIT Technology Review's annual list of Innovators Under 35

"There are many ways that AI can be a powerful tool in enabling and accelerating climate action, from monitoring carbon stock using satellite imagery, to optimizing heating and cooling in buildings, forecasting crop yield, and helping design next-generation batteries," said Rolnick.

Story continues

Project author Sasha Luccioni focused on the responsible development, deployment, and governance of AI in the context of climate change. She is one of the leading researchers behind the recently launched website, This Climate Does Not Exist, an interactive experience that allows people to see the potential impact of climate change on any address worldwide.

The report was commissioned by the GPAI which brings together experts across multiple sectors from 18 countries and the European Union to bridge the gap between AI theory and practice by supporting AI research and applications.

Report Summary

The authors offer 48 actionable recommendations for governments with a broad array of use cases highlighted throughout the report. To support AI applications in climate change mitigation and adaptation, the report calls for governments to:

Improve data ecosystems, particularly in sectors critical to climate transition such as the energy sector.

Increase support for research, innovation, and deployment through targeted funding, infrastructure, and improved market designs.

Make climate change a central consideration in AI strategies to shape the responsible development of AI.

Support greater international collaboration and capacity building to facilitate the development and governance of AI-for-climate solutions.

Click here to view the official press release from CAIC and CCAI. The report is available here: Climate Change and AI: Recommendations for Government.See page 3 of the report for a complete list of authors and their affiliations.

SOURCE Mila - Quebec AI Institute

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Artificial Intelligence in the Fight against Climate Change: A new report presented at COP26 - Yahoo Finance

Bosch AI or the Bosch Center for Artificial Intelligence is focused on deploying advanced technologies such as AI across a wide range of Bosch products and services. AI strategies of Bosch are implemented in more than 185 projects in seven locations such as India, the US, Israel, Germany, and China. Bosch AI collects real-time data from different business departments and conducts AI research on safe, reliable, and explainable AI. Lets explore how Bosch leverages AI in different ways for meeting client satisfaction.

Bosch AI is popular for applying big data and machine learning to different varieties of Bosch products and services for accurate AI solutions. It helps to increase efficiency, optimize the supply chain, and enhance quality while reducing costs. The deep learning techniques are one of the AI strategies of Bosch to implement multiple smart functionalities such as automated optical inspection, anomaly detection, root cause analysis, production scheduling, and many more.

Bosch AI leverage artificial intelligence to extract value from the available real-time data to improve functionalities and perform efficiently and effectively. AI can streamline and improve technical capabilities to explore innovative approaches in this global tech-driven market. Supply chain management can utilize the power of Bosch AI for effective inventory management, demand forecasting, optimizing packaging sizes, and ensuring the availability of high-quality products and services.

Bosch has brought a transformation in the tech industry with the combination of state-of-the-art artificial intelligence technologies and domain expertise. Bosch AI is determined to recruit employees who are qualified professionals and graduates with sufficient experience in AI to employ the best in the field of artificial intelligence.

One of the AI strategies of Bosch AI is to create differentiating artificial intelligence solutions with concrete lead applications like AI-based dynamics modeling like Gaussian process-based models, control optimization through reinforcement learning, and large-scale deep learning. The research field of Bosch AI is focused on learning AI-based models with optimal data acquisition without destroying the system and investigating multiple machine learning approaches to control the system while guaranteeing controller stability.

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Bosch AI: Artificial Intelligence Technologies at the Heart of Bosch Products - Analytics Insight

Central Saint MartinsgraduateJann Choy has created an inflatable maskthat reacts to your online behaviour. This one-minute video shows it in action.

Named Lin, the mask is an experimental design piece that aims to explore the performance of our virtual selves and the relationship between our online and offline personas.

The mask uses a form of artificial intelligence known as sentiment analysis to understand your online interactions.

Depending on whether you choose to act positively or negatively, different corresponding areas of the mask swell, changing the structure of the mask.

The mask was created by Choy as her graduate project while studying at Central Saint Martins College. Choy was inspired by the traditional Chinese performance art bin lin.

Bin lin, which directly translates as "face changing", is a subgenre of Chinese opera. Performers wear a series of bold masks each representing a different emotion.

During the performance, actors switch between masks seemingly instantaneously.

Choy's design draws a parallel between this performance and our online behaviours.

The project was recently awarded the Mullenlowe Nova Awards for Fresh Creative Talent.

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Lin mask uses artificial intelligence to respond to your emotions - Dezeen