Loop raised $95 million to build supply chain AI that predicts disruptions, TechCrunch reported in an April 17 exclusive. The headline is the detail we can confirm; we did not access the full article.
Supply chains are among the verticals investors cite for applied AI because disruption prediction ties directly to cost. Another October example is Scimplify, which uses AI to help manufacturers find alternatives to China-concentrated materials.
Source: TechCrunch