Latin American AI startups, like Brazil's Traive, use AI to improve farming operations and increase credit accessibility for farmers.
Latin American AI startups are revolutionising agriculture by adopting AI to improve farming operations. Brazilian entrepreneur Aline Oliveira Pezente, co-founder of Traive, observed inefficiencies in agricultural financing while working at Louis Dreyfus Commodities. These startups collect and analyze data to help lenders assess capital risk, making credit more accessible for farmers. AI applications in agriculture are expected to increase efficiency and sustainability, particularly in Brazil, the world's largest exporter of soybeans, corn, and beef.
April 20, 2024
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