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Stock impact report

Byte-Sized AI: Elm AI Gets $2M for Supply Chain Sustainability; Agentic AI Continues Its Rise [Yahoo! Finance]

C.H. Robinson Worldwide, Inc. (CHRW) 
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chrobinson.com
Company Research Source: Yahoo! Finance
just-launched, AI-powered capabilities from major retailers, software providers and supply chain players. Elm AI, a startup that spun out of Cornell University, announced April 12 that it had secured $2 million in funding. Beta Boom Fund and Working Capital Fund led the round, with further support from Boro Capital Partners, Very Serious Ventures, Gorges Ventures, The Bond Collective and Textbook Ventures. More from Sourcing Journal This New Platform Plays Matchmaker for Nearshore Manufacturing J.B. Hunt Says Most Customers 'Waiting for the Dust to Settle' on Tariffs Walmart's New Gen AI Tool Cuts Lead Times on Fashion Items By 18 Weeks Elm uses AI to ingest supplier documentation, like audits, and analyze the information. From there, it shares sustainability recommendations for future action, especially related to compliance. The company noted it works with a wide variety of companies, including many mid-sized apparel brands. One of its clients is Reformation , which has Show less Read more
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