Diageo, possibly the world’s second-largest supplier of hard liquors, on June 30 announced the acquisition of Vivanda, owner of the FlavorPrint artificial intelligence technology behind several Diageo projects aiming to match consumers with the right Diageo-owned alcoholic product. The price was not disclosed. Diageo has used Vivanda’s system since 2019 in the former’s “What’s Your Whisky” platform and more recently in the Journey of Flavour experience at a Johnnie Walker sampling … [Read more...] about Diageo Buys AI Company That Suggests Consumer Liquor Choices
artificial intelligence
Croptracker set to introduce AI-powered scanning tech
Agriculture solutions provider Croptracker Inc. has developed a revolutionary technology that can accurately predict the size of harvested produce. The Harvest Quality Vision 3.0 (HQV 3.0) utilises off-the-shelf LiDAR technology that’s found in iPads and iPhones. It’s connected to a mobile app that provides instant empirical analysis of crop samples within seconds after scanning. The proprietary AI technology used recognizes fruits and measures them accurately to fractions of a millimeter. It … [Read more...] about Croptracker set to introduce AI-powered scanning tech
Higher demand of machine vision systems to be seen in F&B
The machine vision industry is projected to see positive growth in the next 3 years, according to analysis conducted by Frost & Sullivan. Market opportunities are driven by increasing demand for automation to boost operations and productivity, particularly in the food and beverage industry. The industry is estimated to reach $14.02 billion in revenue by 2025, up from $10.28 billion in 2020. Annual growth rate is expected to be at 6.4%, with the Asia-Pacific region being the largest and … [Read more...] about Higher demand of machine vision systems to be seen in F&B
