AGCO announced the purchase of a 2.9% equity stake in Greeneye Technology, an company specializing in artificial intelligence-driven spraying equipment and AGCO's second AI investment announcement of the week.
Carbon Robotics, an agriculture robotics company, announced it secured $27 million in Series B financing from Anthos Capital, Ignition Partners, Fuse Venture Capital, Voyager Capital, Bolt and Liquid2 Ventures to accelerate the company's growth.
Following a visit to John Deere’s new Intelligent Solutions Group (ISG) headquartered in Des Moines, Iowa, during the last week of May, Stanley Elliott, analyst with Stifel, says he sees opportunities with “Deere working to monetize its data platform as well as commercialize technologies acquired in the Blue River deal.”
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.