Group items tagged

John Deere has bought Bear Flag Robotics for $250 million in a move that sees it bolster its already strong fleet of autonomous farming robots, a press release reveals. The Silicon Valley-based Bear Flag Robotics was founded in 2017 with the goal of developing autonomous driving technology for tractors and other farm machinery. The deal "will accelerate the delivery of solutions to farmers that address the immense challenge of feeding a growing world," said Jahmy Hindman, Chief Technology Officer at John Deere. A significant amount of work in autonomy is focused on farming, the implementation of these technologies could increase yields as well as the ability to produce crops in areas that have been in the past inhospitable to growing.

"Data sharing can also drive better business decisions. Knowing the weather patterns at other farms around the world can prepare growers for shifts in the market, from potential yields to pricing trends. ... "So, bringing that data story together helps individual farmers grow and makes sure they have a sustainable business model."

"I have seen one fool's gold rush from up close in the lead up to the 2008 financial crisis. It feels like we may be on the cusp of another with cryptocurrencies (crypto) and decentralized finance (DeFi). The 2008 crisis holds lessons that can help industry and regulators chart a better path and avoid repeating the mistakes of the past."