Articles Tagged with ''artificial intelligence (AI)''

The artificial intelligence (AI) in supply chain market is expected to grow at a CAGR of 39.4% from 2019 to reach $21.8 billion by 2027, according to a report published by Meticulous Research, UK.

Albertsons Cos., Boise, Idaho, and Takeoff Technologies, Waltham, Mass., teamed up to collaborate on the future of grocery micro-fulfillment centers (MFC) to drive the future of e-commerce order fulfillment.

Zippin, San Francisco, closed $12 million in Series A funding led by Evolv Ventures, a Chicago-based venture fund created by Kraft Heinz, Pittsburgh, Pa.

Transmetrics, Bulgaria, receive a €1.67 million grant by the European Commission in the European Innovation Council Accelerator program to support the development of Transmetrics' artificial intelligence (AI)-driven logistics optimization software.

Here are five cutting-edge technologies in position to transform the logistics sector.

BrainBox AI, Canada, launched a unique technology that combines deep learning, cloud-based computing and algorithms to support a 24/7 self-operating building.

The next-generation supply chain market is scheduled to reach $75 billion by 2030, up from $32 billion in 2019, according to “Next-Gen Supply Chain Market – Global Forecast to 2030,” a study released by LogisticsIQ, Singapore.

Transplace, Dallas, Texas, extended its long-standing strategic partnership with Huhtamaki, Inc., De Soto, Kan., to improve its supply chain visibility and network efficiency.

Plantix, Germany, announced a €6.6 million Series A led by RTP Global, Russia, with participation from Atlantic Labs, Berlin; Index Ventures, San Francisco; and Piton Capital, London.

Deloitte, New York, released the “Future of Fresh” study, which surveyed 2,000 consumers and 153 fresh food industry executives to gain insights into consumer behavior and how manufacturers and retailers can grow the fresh food category.