CHS Inc., in partnership with GROWMARK through their joint venture Cooperative Ventures, has announced an equity investment in Precision AI, a leader in artificial intelligence-based farming practices in the U.S. and Canada. This investment was part of a Series A fundraising round which also attracted new investors such as Farm Credit Canada and The 51 Food and AgTech Fund. Precision AI's technology provides data insights via autonomous aerial systems, helping farmers make precise plant-by-plant input decisions in real-time, ultimately enhancing plant health and farm profitability. CHS and GROWMARK aim to leverage this innovation to support farmers facing increasingly complex challenges, emphasizing efficiency and profitability in agricultural operations.
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