ClimateAi

From HandWiki

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]

History

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 the company’s first backers.[5][7]

In 2020, ClimateAi was granted its first patent for its methods that use artificial neural networks for climate forecasting.[8] In the same year, ClimateAi was also awarded a Small Business Innovation Research (SBIR) grant by the National Science Foundation.[9]

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.[10] 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.[11]

ClimateAi was featured in the news program CBS News Sunday Morning in 2022.[12]

ClimateAi has been named Agri-Investor’s Global Innovation of the Year[13][14] and was part of Time (magazine) ’s 2022 Best Inventions of the Year list.[2]

ClimateAi’s ClimateLens platform identifies climate risks for companies across agriculture, food & beverage, manufacturing, retail, and energy.[12] It uses neural networks trained using both forward- and backward-looking data sets.[2] 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.[15][16] The platform can generate both short-term and long-term forecasts.[17]

ClimateAi frequently works with suppliers and food companies in the agricultural industry, as well as companies in the building materials/manufacturing, energy, and retail sectors.[18][19] ClimateAi has also collaborated with researchers from the University of Oxford to apply generative adversarial networks to fix biases in current weather models.[3][20]

References

  1. ↑ McCormick, John. "Climate AI Startups Offer Businesses Shelter From Inclement Weather Risk" (in en-US). https://www.wsj.com/articles/climate-ai-startups-offer-businesses-shelter-from-inclement-weather-risk-11628273073. 
  2. ↑ 2.0 2.1 2.2 "ClimateAi Forecasting Tool: The 200 Best Inventions of 2022" (in en). 2022-11-10. https://time.com/collection/best-inventions-2022/6229921/climateai-forecasting-tool/. 
  3. ↑ 3.0 3.1 Symonds, Dan (2022-03-22). "ClimateAi researchers achieve AI breakthrough in predicting local weather events" (in en-GB). https://www.meteorologicaltechnologyinternational.com/news/digital-applications/climateai-researchers-achieve-ai-breakthrough-in-predicting-local-weather-events.html. 
  4. ↑ "Predicting Climate Change, $500 Billion In AI Sales..." (in en). 2021-09-08. https://www.deeplearning.ai/the-batch/issue-108/. 
  5. ↑ 5.0 5.1 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." (in en-US). https://www.businessinsider.com/climateai-pitch-deck-climate-risk-modeling-startup-series-a-2021-7. 
  6. ↑ Stacey, Stephanie (2023-03-29). "Startups are using AI to help businesses weather the next climate catastrophe" (in en-US). https://techmonitor.ai/focus/startups-are-using-ai-to-help-businesses-weather-the-next-climate-catastrophe. 
  7. ↑ 7.0 7.1 Standard, Business (2021-07-24). "When Iron Man backed agri start-up ClimateAi to fight climate change" (in en-US). https://www.business-standard.com/article/companies/when-iron-man-backed-agri-start-up-climateai-to-fight-climate-change-121072301587_1.html. 
  8. ↑ "Methods And Systems For Climate Forecasting Using Artificial Neural Networks Patent Application" (in en). https://uspto.report/patent/app/20200348448. 
  9. ↑ "NSF Award Search: Award # 2026025 - SBIR Phase I: An Artificial Intelligence-Based Global Seasonal Forecasting System". https://www.nsf.gov/awardsearch/showAward?AWD_ID=2026025&HistoricalAwards=false. 
  10. ↑ Hallbeck, Amanda (2021-11-10). "AIM for Climate Announces $193 million in climate-smart agriculture innovation sprints" (in en-GB). https://connectedtechnologysolutions.co.uk/aim-for-climate-announces-193-million-in-climate-smart-agriculture-innovation-sprints/. 
  11. ↑ Claver, Hugo (2021-10-27). "Nutrient technology start-ups to start trials in New Zealand" (in en-US). https://www.futurefarming.com/smart-farming/nutrient-technology-start-ups-to-start-trials-in-new-zealand/. 
  12. ↑ 12.0 12.1 "With climate change, crops migrate north" (in en-US). 2022-11-20. https://www.cbsnews.com/news/with-climate-change-crops-migrate-north/. 
  13. ↑ Anderson, Dan (2023-04-19). "Climate Risk Forecasting Company ClimateAi Secures $22 Million" (in en). https://pulse2.com/climate-risk-forecasting-company-climateai-secures-22-million/. 
  14. ↑ Writer, Staff (2022-05-03). "Agri Investor Awards 2021 – Global" (in en-GB). https://www.agriinvestor.com/agri-investor-awards-2021-global/. 
  15. ↑ "What is climate intelligence – and how can it help outwit climate change?" (in en). 2021-12-03. https://www.weforum.org/agenda/2021/12/climate-intelligence-climate-change/. 
  16. ↑ Do, Tra (2022-06-06). "Top 22 Rising US Based Startups using AI for Social Good" (in en-US). https://omdena.com/blog/top-ai-startups-in-us/. 
  17. ↑ "Predicting Climate Change, $500 Billion In AI Sales..." (in en). 2021-09-08. https://www.deeplearning.ai/the-batch/issue-108/. 
  18. ↑ "Forecasting weather, climate far into future goal of startup" (in en). https://www.farmprogress.com/marketing/forecasting-weather-climate-far-into-future-goal-of-startup. 
  19. ↑ Jack, Andrew (2021-06-01). "MBA graduates take on a green hue as fewer choose fossil fuel careers". Financial Times. https://www.ft.com/content/bc80f1ec-6164-4d7d-a2b4-e6981eabbfcb. 
  20. ↑ "Stop me if you’ve heard this one before - Protocol" (in en). https://www.protocol.com/newsletters/protocol-enterprise/saas-recruiting-talent-dod-weather. 




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