*By Brian Henry*
There are plenty of perks to growing your own marijuana and while it sounds great in theory, you may not have been gifted with a green thumb. That’s where Seedo comes in.
Seedo’s self-contained grow box lets you grow your own plants with the help of an app — no prior plant or experience needed. The technology was originally created to grow vegetables and herbs without pesticides or climate effects. They soon realized there was a market for the product in the cannabis industry.
CEO, Zohar Levy, told Cheddar that Seedo "does everything for you."
"There is an AI algorithm which analyzes photo and learning machines. There is a camera inside the machine, there is an app, you choose what kind of strain you want to grow, put the seed in the machine and close the door. The algorithm knows to manage all the processes automatically."
Levy told Cheddar it took more than five years to generate the machine learning technology used in Seedo.
"It's improving itself all the time to make it more and more accurate. Inside the machine there is a camera that scans the plants every few hours. The algorithm knows to recognize what is the condition of the plant and give the right perimeters every four hours. There is no fault, no human intervention. It does everything for you."
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
