Science & Technology
80 Acres Farms Announces 2024 Capital Raises and Acquisitions
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Strategic investments support vertical farming technology and fuel growth
HAMILTON, Ohio, February 10, 2025 (Newswire.com)
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Today, 80 Acres Farms announced capital raises totaling $115 million and the acquisition of Plantae Biosciences, an Israeli biotechnology company.
“Our ability to raise capital in today’s market speaks to the confidence investors have in the need for controlled environment agriculture and our vision and execution,” said Mike Zelkind, CEO and co-founder of 80 Acres Farms. “New funding has allowed us to broaden our technology platform, grow our retail footprint, and develop an ingredients channel, all to meet customer needs. We’re able to make plans for the long term while delivering results today.”
The company’s capital raises in 2024 were supported by a combination of new and existing investors, including General Atlantic, Siemens Financial Services, The Western and Southern Life Insurance Company, Barclays Climate Ventures, Virgo Investment Group, Blue Earth Capital, and other leading Midwestern financial institutions.
The acquisition of Plantae Biosciences brings innovative plant breeding technology to 80 Acres Farms and its technology-focused subsidiary, Infinite Acres. Since 2020, Plantae has collaborated with the Weizmann Institute of Science, a world-renowned research institution, on projects in accelerated plant breeding, via an exclusive license agreement with the Institute’s commercialization arm, Yeda Research and Development Co. Ltd. The world-class researchers who built Plantae are now operating as Infinite Acres Israel.
“Our researchers have found the natural mechanisms that allow us to accelerate plant evolution, in harmony with nature, for better harvests,” said Professor Avraham Levy, a member of the Department of Plant and Environmental Sciences and the head of the Food Security and Nutrition Center at the Weizmann Institute of Science. “Combining advances in genetics with precision farming systems that offer unprecedented environmental control, we have the makings of another green revolution that will provide resilience to climate change.”
“Crops tailored for controlled environment agriculture can be a major unlock for the industry,” said Tisha Livingston, CEO of Infinite Acres and co-founder of 80 Acres Farms. “Using advanced plant breeding technology, we can begin to truly differentiate produce by optimizing for flavor, texture, and nutrition, unlike anything available in the marketplace today.”
2024 was a transformative year for 80 Acres Farms, marked by continued innovation and growth. Earlier in the year, the company announced the acquisition of Mother Raw, the dressing supplier for its popular salad kits, and the opening of a first-of-its-kind vertical farming Field Lab in The Hague, with technology partners Siemens, SICK Sensors, Signify, and TTA. While investing in growth, the company has remained focused on execution, resulting in a 60% revenue CAGR over the last three years.
About 80 Acres Farms
80 Acres Farms is a vertical farming leader based in Hamilton, Ohio. Founded by Mike Zelkind and Tisha Livingston in 2015, the company operates indoor farms built with world-class technology and analytics by its Dutch-Israeli-American subsidiary, Infinite Acres. Using 100% renewable electricity and 95% less water per pound of produce, the company’s farms deliver pesticide-free, longer-lasting harvests while reducing food waste. 80 Acres Farms’ branded salads, salad kits, herbs, microgreens, and tomatoes are available at over 1,500 retailers and restaurants across the eastern United States.
Contact Information
Jed Portman
Senior Manager, Public Affairs
[email protected]
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Source: 80 Acres Farms
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Science & Technology
Momentum Builds to Curb AI Development Amid Safety Concerns
Tech leaders advocate for slowing AI progress to mitigate risks and ensure safety.
On Saturday, September 12, 2026, Anthropic CEO Dario Amodei published an essay titled “We Must Pace the Frontier”, calling on the AI industry to deliberately slow the development of its most advanced models. He proposed a three-part plan, starting with giving independent third-party evaluators “employee-like access” to developers’ internal work. Within hours, xAI owner Elon Musk posted “Dario is right,” and OpenAI CEO Sam Altman said he agreed the industry needed to “pace the frontier”, committing OpenAI to welcome independent evaluators. The rare alignment reflects a burgeoning movement within the technology community. The aim is to ensure that AI advancement does not outpace the necessary safety measures that must be in place to protect society. Musk, known for his outspoken concerns regarding AI, has been vocal about the potential existential threats posed by unchecked AI development. His stance is not without precedent. In past years, he has been an advocate for AI regulation, emphasizing the importance of establishing robust safety protocols. Sam Altman shares this concern. As a key figure in AI innovation, Altman’s support for decelerating AI progress highlights the industry’s internal awareness of its own vulnerabilities. Altman has been instrumental in shaping AI discussions, both as a developer and a policymaker. His involvement underscores a critical shift in perspective among those who once championed AI’s limitless potential.
Amodei’s essay warned that AI capabilities had been advancing drastically faster since the summer, and argued that buying even an extra year or two to work on alignment could greatly reduce the risk of something going seriously wrong. As CEO of Anthropic, Amodei’s insights into AI’s capabilities are profound. He has long advocated for responsible AI development, emphasizing research into AI safety and alignment. His company, Anthropic, is at the forefront of AI safety research, making his voice particularly influential. Amodei’s concerns are grounded in the belief that AI systems need to be designed with alignment and transparency as core principles. The consensus among these leaders is clear. The pace of AI development must be moderated to prevent potential societal disruptions. The public discourse around AI safety has evolved significantly over the past few years. Initially, concerns were often dismissed as speculative or alarmist. However, as AI systems become more integrated into daily life, their impact is undeniable. From autonomous vehicles to intelligent personal assistants, AI technologies influence countless aspects of modern existence. The rapid integration has outpaced regulatory frameworks, leaving gaps that could potentially be exploited.
This movement to slow AI development is gaining traction within the tech community. It reflects a deeper understanding of the potential risks and ethical considerations that come with advanced AI systems. Industry leaders are increasingly aware of their responsibility to mitigate these risks. There is a growing consensus that more comprehensive safety measures and regulatory oversight are necessary. The call for a slowdown is not a demand to halt innovation. Rather, it is a plea for a more deliberate approach to AI development. The goal is to establish a regulatory framework that prioritizes safety, ethical considerations, and long-term societal impact. This approach seeks to ensure that AI technologies are developed responsibly and with foresight. The motivation behind this push is multifaceted. At its core is the desire to prevent unintended consequences that could arise from unchecked AI advancement. These include potential job displacement, privacy concerns, and the risk of AI systems being used for malicious purposes. The tech industry is increasingly aware that the societal implications of AI are vast and complex. There is a recognition that addressing these challenges requires collaboration across sectors and disciplines.
The momentum to slow AI development also reflects a shift in how technology leaders view their role in society. There is a growing acknowledgment that technological innovation must be balanced with ethical responsibility. This recognition is driving the call for more stringent safety protocols and regulatory oversight. As the debate around AI continues, the voices advocating for caution are becoming more prominent. The movement is gaining momentum, supported by influential figures and organizations committed to ensuring that AI development proceeds safely and responsibly. The challenge now is translating this momentum into actionable policies and frameworks. Governments and regulatory bodies must work closely with industry leaders to develop comprehensive guidelines that address the unique challenges posed by AI. This collaboration is essential to fostering innovation while safeguarding societal interests. The path forward requires a collective effort to balance progress with prudence. As AI continues to evolve, the need for thoughtful and responsible development becomes increasingly critical. The calls to slow down AI development are a testament to the industry’s commitment to navigating this complex terrain with care.
The journey ahead is not without challenges. Implementing effective regulatory measures will require cooperation and consensus among diverse stakeholders. However, the growing momentum to address AI safety concerns offers hope for a future where technological advancement is aligned with societal well-being. As industry leaders and policymakers work together, there is potential to shape a future where AI technologies enhance, rather than disrupt, the fabric of society. The commitment to responsible AI development is key to ensuring that AI technologies are harnessed for the greater good. This forward-thinking approach will be crucial in defining the next chapter of AI innovation. The momentum to slow down AI development is more than a precautionary measure. It is a strategic decision to prioritize safety, ethics, and long-term impact. As the conversation around AI continues to evolve, the focus on responsible development will remain at the forefront. The future of AI depends on the choices made today. By embracing a more measured approach, the tech community can pave the way for a future where AI serves humanity’s best interests.
Science & Technology
Quantum Computing Breakthroughs: Disrupting Industries with Oxford’s Innovations
A recent breakthrough in quantum computing at the University of Oxford promises to disrupt multiple industries by significantly enhancing computational capabilities. Explore the technological implications and potential disruptions poised to redefine sectors.
In May 2026, the University of Oxford announced a significant breakthrough in the field of quantum computing, unveiling an advanced error correction algorithm that has the potential to transform computational capabilities. This development is not just a scientific triumph; it heralds a new era of technological disruption across multiple industries. Quantum computing, long anticipated as the next frontier in technology, promises to solve complex problems beyond the reach of classical computers, and Oxford’s latest advancement brings this closer to reality.
At the core of this breakthrough is the enhancement in quantum error correction, a critical component that addresses the inherent instability of qubits, which are the fundamental units of quantum information. Traditional computers use bits of 0s and 1s, but quantum computers operate on qubits, which can exist in multiple states simultaneously. This superposition allows quantum computers to process information exponentially faster than classical computers. However, qubits are notoriously prone to errors due to environmental noise and operational inaccuracies. Oxford’s new algorithm significantly improves the error correction process, maintaining qubit stability longer and allowing extended computational tasks to be performed accurately.
The implications of this are profound. Industries ranging from pharmaceuticals to finance stand on the cusp of disruption as quantum computing offers the ability to model complex molecular structures, optimize large-scale financial portfolios, and even revolutionize artificial intelligence algorithms. In pharmaceuticals, for example, quantum computing can expedite drug discovery by accurately simulating molecular interactions, potentially reducing the time and cost associated with bringing new drugs to market. Similarly, in finance, quantum algorithms can optimize trading strategies and risk management with a precision unattainable by current technologies.
Moreover, the ripple effects of such a leap in computational power extend to data encryption and cybersecurity. Quantum computers possess the potential to decrypt classical encryption methods, prompting a race for quantum-resistant cryptography. This necessitates a paradigm shift in how we secure digital information, affecting every sector that relies on data security.
Despite the tremendous promise, the transition to quantum computing is not without its challenges. The infrastructure required to support quantum technologies is expensive and complex. There is also a significant skills gap; experts in quantum computing are scarce, and training a new generation of scientists and engineers is imperative. Furthermore, ethical considerations regarding the power of quantum computing must be addressed, particularly in terms of privacy and security.
Looking forward, as quantum computing continues to evolve, industries will need to adapt swiftly to harness its capabilities. Early adopters who invest in quantum technologies and develop quantum-ready strategies will likely dominate in the coming decade. As Oxford’s breakthrough demonstrates, the race is on to fully realize the potential of quantum computing and redefine the boundaries of what is technologically possible.
Science & Technology
Apple’s AI Innovations: Shaping the Competitive Landscape in 2026
Apple’s latest advancements in artificial intelligence are setting the stage for a competitive showdown with other tech giants. This article explores how Apple’s AI strategy is positioning the company in the fast-evolving tech landscape.
In the bustling realm of technology, few companies command as much attention as Apple. In 2026, the Silicon Valley titan has once again captured the tech world’s gaze with its latest advances in artificial intelligence. As Apple unveils a suite of AI-driven innovations, the competitive landscape is poised for a seismic shift.
Apple’s strategic focus on AI is not merely about introducing new features but is a calculated move to redefine user experiences while maintaining its staunch advocacy for privacy. At the heart of Apple’s AI initiatives is the promise of personalization—an AI that learns and adapts to the user’s preferences, offering seamless interaction across its range of devices. This focus is especially pertinent in an era where user data is a hot commodity, and privacy concerns are at an all-time high.
What sets Apple apart in the AI race is its dual emphasis on innovation and privacy. While competitors like Google and Amazon have long been heralded for their AI prowess, often prioritizing expansive data collection to fuel their AI engines, Apple has carved out a niche by leveraging on-device processing. This approach not only mitigates privacy risks but also enhances real-time responsiveness, a crucial factor in user satisfaction.
The competitive implications of Apple’s AI advancements are profound. Google’s AI, renowned for its search and recommendation algorithms, faces a formidable challenger in Apple’s ecosystem-centric approach. Meanwhile, Amazon’s Alexa, which dominates the smart assistant market, must contend with Apple’s Siri, now equipped with enhanced contextual understanding and predictive capabilities.
Microsoft, another major player, has been making strides with its integration of AI in cloud services and productivity tools. However, Apple’s holistic approach—integrating AI across hardware, software, and services—presents a cohesive strategy that is difficult to replicate. This integration not only ensures a seamless user experience but also reinforces brand loyalty, a cornerstone of Apple’s business model.
As AI continues to evolve, the stakes in the tech industry are higher than ever. Apple’s innovations are not just about keeping pace but are strategically designed to place the company at the forefront of the AI revolution. In doing so, Apple is not only safeguarding its market position but is also setting new benchmarks in how technology can enhance and secure our digital lives.
The road ahead will undoubtedly see further advancements and competition, but Apple’s current trajectory suggests it is well-positioned to lead in the AI domain. By prioritizing user-centric design and privacy, Apple is not just participating in the AI race; it is setting the pace.
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