Just Drinks

Daily Newsletter

01 September 2023

Daily Newsletter

Mighty Craft to divest “larger assets” as part of ongoing strategic review

In May, Mighty Craft announced a strategic review in order to reduce its debt load and assess its corporate structure and overheads.

Investors reacted positively to Treasury Wine Estates plan to “rebalance” its US supply chain aimed at “accelerating the improvement of future returns”.

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Could the consumer industry be bolstered by the increased use of AI

The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.