Category: AI
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AI-powered restaurant forecasting startup ClearCOGS has raised $3.8 million in an oversubscribed seed round led by Closed Loop Partners, with participation from Myriad Venture Partners and Hearst’s Level Up Ventures. The funding includes $2.3 million in new capital and the conversion of $1.4 million in pre-seed investments. The company’s software provides predictive analytics to assist…
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Chef Robotics has raised $43.1 million in a Series A round to accelerate deployment of its AI-powered food assembly robots, the company announced today. The funding brings the San Francisco-based startup’s total capital to over $65 million, including equipment financing. Avataar led the round, with participation from Construct Capital, Bloomberg Beta, and others. Founded in…
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Crisp, a New York-based retail data company, has acquired Seattle-based startup Shelf Engine. Founded in 2016 by Stefan Kalb and Bede Jordan, Shelf Engine specializes in using machine learning to optimize ordering processes for perishable goods, with the goal of reducing costs and minimizing food waste. The platform is now in use across more than…
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Five years ago, the cofounders behind Bridge Appliances stood in line at a busy breakfast cafe. As minutes ticked by, frustration turned into inspiration. They wondered: What if the preparation of eggs could be automated? That simple question led to the creation of OMM, a countertop egg-making robot. Now, half a decade later, the Bridge…
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In this latest edition of the Spoon Full of AI Podcast – the podcast where I talk to leaders who are using AI to transform their business (in food and beyond), I catch up with AI for Humans host Gavin Purcell to discuss the rapid advancements and complexities emerging in artificial intelligence. We talk about…
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This week at Future Food Tech, Marine Biologics will showcase its technology—a platform that digitally maps the biochemistry of seaweed and its properties – which the company claims has created what is the world’s first programmable biomass. According to the company, its proprietary cheminformatics platform, MacroLink, maps the molecular compositions of seaweed and stabilizes them…
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AI Palette, a company that uses AI to help CPG brands anticipate consumer tastes ahead of market trends and better predict new product success throughout their lifecycle, announced today it was acquired by market research company GlobalData. AI Palette launched within the last decade alongside a cohort of startups—including Analytical Flavor Systems, Tastewise, and Spoonshot—that…
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Want some AI with your Big Mac? McDonald’s is about to serve it up in a big way. According to a story in the Wall Street Journal today, McDonald’s is undergoing a technology overhaul across its 43,000 restaurants, implementing internet-connected kitchen equipment, AI-driven drive-throughs, and tools for managers. McDonald’s is partnering with Google Cloud to…
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Ever think about all the different scenarios that AI could ultimately unleash on our food system? Us too, so we decided to invite noted food futurist Mike Lee to talk about it on our latest edition of the Food AI Co-Lab. Join us today at 8:30 Pacific to explore the different scenarios that AI could…
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Last month in Las Vegas, we sat down with one of our favorite restaurateurs, Lee Kindell of MOTO Pizza, to discuss his vision for the future of restaurants. Lee was in town to speak onstage at CES about the industry’s direction, so we made sure to catch up with him for a one-on-one interview. One…
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An interesting set of stories came out over the past week, which showed how two retail giants are leveraging technology to help consumers get out of the store faster. One one hand, you have Amazon halving its Go store count to 16 locations, shifting focus to licensing its “Just Walk Out” technology to third-party retailers.…
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While many tech entrepreneurs dream of retiring as a gentleman farmer, Tim Bucher’s journey took the opposite trajectory. It was only after he bought and started working on his own farm at age 16 that a young Bucher discovered his love for software programming in college. That realization embarked him on a career that would…
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