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1 month ago | 
globalagtechinitiative.com | Lauren Milligan |Ron Baruchi |Matt Hopkins
In late January, a Chinese company introduced the world to its newest artificial intelligence (AI) product, writes Editor Eric Sfiligoj at CropLife. Called DeepSeek, this program was reportedly as advanced as existing AI programs but had been developed at a fraction of the cost. Almost immediately, the stocks for U.S. technology companies with AI systems plunged in market value, temporarily sending financial shockwaves throughout the nation’s economy.
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Jan 21, 2025 | 
agproud.com | Ron Baruchi
This past year has tested the agricultural technology sector and growers alike, with rising costs, climate challenges and persistent uncertainties pushing many to embrace a “do more with less” mindset under tight deadlines. While ag tech has continued to revolutionize traditional practices, the challenges of the past year have tempered its speed and impact.
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Jan 13, 2025 | 
globalagtechinitiative.com | Ron Baruchi |Matt Hopkins
Last year, our analysis of Crunchbase data shows 736 AgTech startups raised a total of $5.7B, writes market expert Kyle Welborn at CropLife. This represents a flat level of funding and a small decrease in deals from 2023. There were 37 AgTech exits last year, 36 M&A transactions and one IPO. This is up 32% from the 28 AgTech exits from 2023. Key Takeaways from Last Year In 2024, startup funding mirrored the previous year, with $314B raised globally across industries — a 3% increase from 2023.
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Jan 13, 2025 | 
globalagtechinitiative.com | Ron Baruchi |Matt Hopkins
As we start 2025, the agtech industry stands at a pivotal juncture, writes Open Prairie CEO Jim Schultz at CropLife. After weathering the storms of inflated promises and sobering reality checks, we’re witnessing a renaissance in agricultural technology investment. This resurgence is particularly encouraging for those of us at Open Prairie, a grower-owned investment firm deeply rooted in the heartland of America.
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Jan 11, 2025 | 
globalagtechinitiative.com | Ron Baruchi |Martin Lowry |Matt Hopkins
The Global Autonomous Agricultural Vehicle Market size will expand at over 17% CAGR from 2024 to 2032, due to technological advancements and the rise of precision agriculture. Autonomous agricultural vehicles are equipped with advanced sensors, GPS, and AI to perform tasks, such as planting, harvesting, and soil analysis with high accuracy and efficiency.
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Dec 16, 2024 | 
beefmagazine.com | Ron Baruchi
Ron Baruchi, CEO of Agmatix, reflects on AgTech's progress and how it’s shaping the future of global agricultural innovation. Looking forward to 2025, AgTech promises to deliver scalable solutions to pressing challenges such as resource scarcity, climate change impacts, and food system resilience. Innovations in regenerative agriculture, AI-powered data insights, biosolutions, and digital twins will lead the way.
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Oct 7, 2024 | 
globalagtechinitiative.com | Shane Thomas |Ron Baruchi |Matt Hopkins
Editor’s note: In a recent issue of Upstream Ag Professional, agribusiness analyst Shane Thomas provides insight into why bias-free AI recommendations could be challenging for companies like Syngenta to achieve, but are not impossible. They must navigate concerns such as class imbalances and overfitting. Here’s a summary of that article: Syngenta has officially launched Cropwise AI, a generative AI (GenAI) system designed to assist farmers and agronomic advisors with decision-making.
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Sep 30, 2024 | 
globalagtechinitiative.com | Shane Thomas |Ron Baruchi |Matt Hopkins
Editor’s note: In a recent issue of Upstream Ag Professional, agribusiness analyst Shane Thomas provides insight into why maintaining a “human-in-the-loop” approach ensures that farmers can confidently adopt AI-driven tools while still relying on agronomists for personalized advice.
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Sep 23, 2024 | 
globalagtechinitiative.com | Ron Baruchi |Matt Hopkins
Editor’s note: In a recent issue of Upstream Ag Professional, agribusiness analyst Shane Thomas provides insight into why precision spray companies have to overcome several apprehensions from farmers, including product need uncertainty, confidence in accurate spraying, value beyond herbicides, and in some instances, business model challenges.
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Sep 23, 2024 | 
globalagtechinitiative.com | Ron Baruchi |Shane Thomas |Matt Hopkins
Firmly established in the U.S. AgTech trade show scene, the outdoor event FIRA USA continues its California tour and will stop in Woodland, near Sacramento, for its 3rd edition. To always meet the needs of growers as closely as possible, FIRA USA 2024 will notably offer an expanded range of robots for specialty crops, vegetables, and vineyards, as well as demonstrations on fruit and nut trees — crops particularly prevalent in this region.
