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|  |
| Company type | Private |
|---|---|
| Industry | Artificial intelligence |
| Founded | 2017 |
| Founder | Himanshu Gupta Max Evans |
| Headquarters | San Francisco, California |
Area served | Worldwide |
| Website | https://climate.ai |
ClimateAi is an American artificial intelligence company known for developing analytics and forecasting tools tracking short-term and long-term weather and climate impact.[1][2][3][4] It was founded by Himanshu Gupta and Max Evans in San Francisco, California in 2017.[5][6]
History edit
Gupta and Evans met as postgraduate students at Stanford University before deciding to found ClimateAi and run the company out of their dorms.[6][7] Robert Downey Jr. and Jerry Yang were some of of the company’s first backers.[5][7]
In 2020,ClimateAi was also awarded a Small Business Innovation Research (SBIR) grant by the National Science Foundation.[8]
At the initiative’s launch in 2021, ClimateAi joined AIM for Climate, a joint initiative organized by the United States and the United Arab Emirates for the purposes of innovation in food security, agriculture, and climate change solutions.[9] ClimateAi was also one of the companies chosen to participate in the first trials for the Farm 2050 Nutrient Trialing Platform, an agritech testing and validation platform.[10]
ClimateAi has been named Agri-Investor’s Global Innovation of the Year[11][12] and was part of Time’s 2022 Best Inventions of the Year list.[2]
Technology edit
ClimateAi’s ClimateLens platform identifies climate risks for companies across agriculture, food & beverage, manufacturing, retail, and energy.[13][14] It uses neural networks trained using both forward- and backward-looking data sets.[2][15]Its climate intelligence technology analyzes temperatures and weather patterns to forecast weather and climate risks in companies’ operating sites, sourcing regions, and end markets. It also uses publicly available weather data, IPCC climate models, and companies' proprietary operating data. For example, agribusinesses can use the platform to determine optimal times for crop planting, growing, and harvesting.[16][17][13] The platform can generate both short-term and long-term forecasts.[18]
References edit
- ^ McCormick, John. "Climate AI Startups Offer Businesses Shelter From Inclement Weather Risk". WSJ. Retrieved 2024-03-07.
- ^ a b c "ClimateAi Forecasting Tool: The 200 Best Inventions of 2022". Time. 2022-11-10. Retrieved 2024-03-07.
- ^ Symonds, Dan (2022-03-22). "ClimateAi researchers achieve AI breakthrough in predicting local weather events". Meteorological Technology International. Retrieved 2024-03-07.
- ^ "Predicting Climate Change, $500 Billion In AI Sales..." Predicting Climate Change, $500 Billion In AI Sales... 2021-09-08. Retrieved 2024-03-07.
- ^ a b Ramaswamy, Anita. "Here's the 15-page pitch deck climate modeling startup ClimateAi used to raise its $12 million Series A from investors like Robert Downey Jr". Business Insider. Retrieved 2024-03-07.
- ^ a b "The startups making businesses climate resilient - Tech Monitor". 2023-03-29. Retrieved 2024-03-07.
- ^ a b "When Iron Man backed agri start-up ClimateAi to fight climate change".
- ^ "NSF Award Search: Award # 2026025 - SBIR Phase I: An Artificial Intelligence-Based Global Seasonal Forecasting System". www.nsf.gov. Retrieved 2024-03-07.
- ^ Venables, Mark (2021-11-10). "AIM for Climate Announces $193 million in climate-smart agriculture innovation sprints". Connected Technology Solutions. Retrieved 2024-03-07.
- ^ Claver, Hugo (2021-10-27). "Nutrient technology start-ups to start trials in New Zealand". Future Farming. Retrieved 2024-03-07.
- ^ Anderson, Dan (2023-04-19). "Climate Risk Forecasting Company ClimateAi Secures $22 Million". Pulse 2.0. Retrieved 2024-03-07.
- ^ Writer, Staff (2022-05-03). "Agri Investor Awards 2021 – Global". Agri Investor. Retrieved 2024-03-07.
- ^ a b Tracy, Ben (2022-11-20). "With climate change, crops migrate north - CBS News". www.cbsnews.com. Retrieved 2024-03-07.
- ^ Ramirez, Clare Duffy, Rachel (November 26, 2023). "How AI could power the climate breakthrough the world needs | CNN Business". CNN. Retrieved 2024-03-07.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "This AI company wants to solve food-related climate challenges". Fortune. Retrieved 2024-03-07.
- ^ "What is climate intelligence – and how can it help address climate change?".
- ^ "Top 22 AI Startups and Companies in US to Follow in 2023| AI Insights". Omdena. Retrieved 2024-03-07.
- ^ "Predicting Climate Change, $500 Billion In AI Sales..." Predicting Climate Change, $500 Billion In AI Sales... 2021-09-08. Retrieved 2024-03-07.