PepsiCo is the first commodities company to join Stanford HAI’s Affiliate Program, contributing to its focus areas of consumer goods, retail and AI.
new york state purchase, June 29, 2023 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced a partnership with the Stanford Human-Centered Artificial Intelligence Laboratory, an organization dedicated to guiding and building the future of artificial intelligence. As the first commodities company to join Stanford HAI’s Corporate Affiliate Program, PepsiCo will become a global corporate leader in industrialized AI applications and responsible AI, gaining insights that advance research, education, policy and practice across industries Aiming to be
Stanford Human-Centered Artificial Intelligence Institute (HAI)
“At PepsiCo, we strongly believe that AI should augment the human experience and contribute to our company-wide digitization efforts,” said Athina Caniura, Chief Strategy and Transformation Officer, PepsiCo. “Working with Stanford HAI, we are working with a community of leading experts, academics and engineers to provide a unique opportunity to understand the impact of this advancing technology and how it enhances the human experience. The opportunity is here: As AI becomes more pervasive across the CPG industry, it becomes increasingly important to recognize the importance and impact of ethical AI.”
Working with Stanford HAI, PepsiCo will initially focus ethical and responsible AI research around four key industry areas:
- Supply Chain, Forecasting, Smart Manufacturing – Using AI, the commodities industry can optimize routine operations across the supply chain, better anticipate future needs such as inventory levels and demand patterns, and reduce human error to save time and resources. increase.
- Direct consumer impact and personalization – With AI, you can prioritize and manage growing consumer demand more effectively, resulting in better engagement, better customer loyalty, and a better understanding of your customers.
- AI and organizational design – AI establishes more agile decision-making processes and frees employees to focus on creative and strategic work. These efficiencies will rethink organizational structures and future talent needs.
- AI and Sustainability – AI can optimize operations, reduce emissions, and protect the environment more effectively. It can also improve crop quality and productivity.
“Stanford HAI is thrilled to welcome PepsiCo as the first member of the HAI Corporate Affiliate Program’s areas of focus in consumer goods, retail and AI,” he said. James Randay, Deputy Director and Faculty Director of Research at Stanford HAI. “It is great to see PepsiCo, a global food and beverage company, prioritizing the ethical application of AI to ensure that its products and services are aligned with the needs and values of society. is.”
As PepsiCo continues its digital transformation journey, collaboration with universities and policy leaders is essential to ensure that AI is implemented responsibly and has a positive impact not just on individual users but on the broader community. Beyond the challenges of a single company, this research partnership aims to guide industry leaders towards understanding how AI can benefit society and shape its future.
About PepsiCo
PepsiCo products are enjoyed more than a billion times a day by consumers in more than 200 countries and territories around the world.PepsiCo is $86 billion This is facilitated by a portfolio of complementary beverages and convenience foods, including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. PepsiCo’s product portfolio includes a wide variety of delightful foods and beverages, including: billion dollars Estimated annual retail sales, respectively.
Leading PepsiCo is our vision to become a global leader in beverages and convenience food by winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end that puts sustainability and human capital at the center of how we create value and growth by operating within planetary boundaries and creating positive change for the planet and its people. is the transformation of For more information, please visit: www.pepsico.com,continue twitter, Instagram, Facebookand LinkedIn @PepsiCo.
About the HAI Corporate Affiliate Program
The HAI Corporate Affiliate Program provides opportunities for member companies to interact with each other. Stanford Faculty, students and other corporate members are coordinated by HAI’s dedicated corporate membership team. The relationships between companies, faculty, and graduate students provide all stakeholders with valuable insight into the opportunities, problems, and solutions at the intersection of AI research, policy, education, and industry. For more information, please visit https://hai.stanford.edu/news/stanford-hai-welcomes-pepsico-corporate-affiliates-program.
Media contact:
[email protected]
Source: PepsiCo
