AI STARTUP THAT CAN BOOST CROP YIELDS FILES FOR IPO

Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, filed documents with regulators to sell shares in an initial public offering in Canada. The Winnipeg-based company plans to sell shares for between $10 and $17 apiece and list on the Toronto Stock Exchange, according to its regulatory filing, which includes a $100-million placeholder amount for the IPO size. Farmers Edge employs technology to collect and analyze local weather, soil moisture and satellite data to help farmers improve crop efficiencies and yields. Chief executive Wade Barnes, shown, co-founded the firm in 2005 and it has since expanded operations across Canada's Prairie provinces and abroad, with offices in the U.S., Australia, Russia, Brazil and Ukraine.