Bollegraaf And Greyparrot Forge AI Alliance Revolutionizing Global Recycling Sector

 


Bollegraaf, the world's leading recycling plant manufacturer, and Greyparrot, an AI waste analysis pioneer, have formed a transformative strategic partnership. Bollegraaf will divest its AI computer vision business to Greyparrot, investing €11.8 million ($12.8M) for a non-controlling minority stake. Bollegraaf becomes a key partner for the Greyparrot Analyzer, providing 100% visibility into waste streams through AI and camera systems across 14 countries. This collaboration aims to modernize existing facilities, utilizing advanced AI to significantly boost recycling rates and monitor greenhouse gas emissions, marking a substantial shift towards a circular economy. Bollegraaf's global market share in recycling plant infrastructure, combined with Greyparrot's AI expertise, is set to introduce fully automated smart recycling plants globally.

Edmund Tenfelde, Bollegraaf Recycling Solutions CEO, highlights the strategic investment's significance in bringing Waste Intelligence to global facilities. Greyparrot's CEO, Mikela Druckman, emphasizes the urgency of addressing the waste crisis and anticipates a groundbreaking AI launch with Bollegraaf. The collaboration extends to the Italian market through Rixera, Greyparrot's agent, playing a crucial role in integrating AI technology into Italian recovery plants for efficient waste management. Simone Pagani, Rixera Srl owner, foresees the transformative impact of AI technologies, contributing to a sustainable future of automated waste recovery in Italy.

Read More - https://www.techdogs.com/tech-news/business-wire/bollegraaf-and-greyparrot-enter-strategic-partnership-in-artificial-intelligence-ai-to-transform-the-global-recycling-industry

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