DENVER – The artificial intelligence (AI) platform developed by AMP Robotics Corp. (âAMPâ), a pioneer in AI, robotics and infrastructure for the waste and recycling industry, was recognized as a finalist in two categories.AI and data“and”Best idea of ââthe changing world in North Americaââ2021 World Changing Ideas Awards from Fast Company. The awards recognize companies, policies, projects and concepts that are actively engaged and deeply engaged in the pursuit of innovation when it comes to solving health and climate crises, social injustice or economic inequalities. .
AMP’s proprietary artificial intelligence technology applies computer vision and deep learning to guide high-speed robotic sorting systems to accurately identify and differentiate recyclables in the waste stream through color, size, shape, opacity, consumer brand, etc., by storing data on each item. perceives. The company’s technology can recognize and recover materials as small as a bottle cap and as unique as a coffee pod from complex material streams so that these recyclable materials can serve another productive life.
âArtificial intelligence is our core technology and fundamental to our success as a business, so it’s exciting to be recognized for the transformation it allows us to bring to waste and recycling,â said Matanya. Horowitz, Founder and CEO of AMP Robotics. âContinued advancements in AI create opportunities to further improve the lifecycle of recyclable materials and recover more value from them. For example, our recent introduction of a secondary sorting facility, applying AI-enabled automation, is designed to reduce salvage costs while creating high-quality bales of recycled material for resale. And we continue our efforts to develop solutions that bring more data and transparency to recycling in order to facilitate the capture of more recyclable material and to support producers’ initiatives to increase recycling rates and create new value chains for the materials. “
Now in their fifth year, the World Changing Ideas Awards feature 33 winners, over 400 finalists and over 800 honorable mentions, with Health and Wellness and AI & Data among the most popular categories. A panel of Fast Company editors and journalists selected the winners and finalists from a pool of over 4,000 entries in the fields of transportation, education, food, politics, technology , etc. Several new categories were added in 2021, including pandemic response, urban design and architecture, and the awards feature nominations from around the world.
âThere is no doubt that our society and our planet are facing deeply troubling times. So it’s important to recognize organizations that are using their ingenuity, impact, design, scalability and passion to solve these problems, âsaid Stephanie Mehta, editor-in-chief of Fast Company. “Our reporters, under the leadership of editor Morgan Clendaniel, have uncovered some of the most groundbreaking projects launched since early 2020.”
Last month, for the second year in a row, AMP was appointed to Forbes AI 50, a list recognizing private and up-and-coming North American companies that fundamentally use AI for their businesses. CB Insights has also appointed AMP to its AI 100, a roster of private AI companies spanning 12 countries and driving innovation across 18 industries, for the second year in a row. In 2020, Fast Company named AMP one of the The most innovative companies in the world and recognized Horowitz as one of his The most creative people in business.
About the World Changing Ideas Awards
World Changing Ideas is one of Fast Company’s leading annual awards programs and focuses on social good, seeking to improve end products and courageous concepts that make the world a better place. A panel of judges from all sectors choose winners, finalists and honorable mentions based on feasibility and potential for impact. With the aim of rewarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them broaden their scope to inspire more people to start working on solving the problems that confront us. concern all.
About AMP Robotics â¢ Corp.
AMP robotics Modernizes the global recycling infrastructure by applying AI and automation to increase recycling rates and economically reclaim recovered recyclables as raw materials for the global supply chain. The AMP Cortex â¢ high-speed robotic system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron â¢ AI platform constantly trains by recognizing different colors, textures, shapes, sizes, patterns and even branded labels to identify materials and their recyclability. Neuron then guides the robots to choose and place the material to be recycled. Designed to run 24/7, all of this is happening at superhuman speed with extremely high precision. AMP Clarity â¢ provides data and material characterization on captured and missed recyclables, helping recycling companies and producers to maximize recovery. With deployments in North America, Asia and Europe, AMP’s technology recovers recyclables from municipal collection, valuable products from electronic scrap, and high-value materials from construction and demolition debris . AMP is made in America with a corporate headquarters and manufacturing operations in Colorado.