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Over 36 billion pounds of good produce is wasted every year: A ‘whole harvest’ solution can help

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This spring, a second-generation strawberry farmer in California stood in his fields with two generations of farmers by his side. Rows of ripe, red berries glistened in the sun — perfectly edible, yet destined to go unharvested because they were too small to end up in grocery stores. The farmer had already paid for the land, plants, water, fertilizer, and labor, but without a buyer, it didn’t make economic sense to pay workers to harvest the fruit. Eventually, he had no choice but to till the fruit back into the soil. Multiply this decision across thousands of farms nationwide, and the scale of the problem becomes staggering: a system that forces growers to shoulder the cost while perfectly good, edible food goes to waste.

Every year in the U.S., 30% of fruit and vegetables grown by hard-working farmers never leave the field, primarily because it doesn’t meet appearance standards like size, shape, or color. More than 36 billion pounds of surplus produce went unharvested or unsold on U.S. farms in 2023, representing an estimated economic loss of $13 billion. Consider strawberries alone: 400 million pounds are plowed under or left behind annually. The cost is more than wasted fruit. Farmers lose revenue on produce they can’t sell, and communities miss out on nourishment that should have made it to their kitchen tables.

There’s a better way. It starts with rethinking the way Americans value the food that’s left in the field: produce that’s perfectly delicious and nutritious, even if it’s a millimeter too small.

That’s where secondary markets come in, turning waste into opportunity. Secondary markets buy what the primary market won’t take, then channel it into ingredients for buyers and processors where appearance doesn’t matter, without sacrificing taste or quality. According to NC Extension, widening the sellable range is a direct lever to increasing marketed yield by up to 20%. Crops are left unharvested in response to market conditions, but they could be marketed with connections to more flexible buyers.

Rethinking the end result

Not all produce needs to end up in the fresh aisle. Processing channels like frozen, dried, purees, sauces, and meal kits offer enormous potential to utilize every strawberry, apple, and tomato that comes out of the field. Partnering farms with manufacturers that can integrate excess produce into their product line presents a tremendous opportunity. In Tennessee field studies, researchers found that 76% of the produce left unharvested was still marketable or edible—the kind of “second-pass” fruit and vegetable that a secondary market can aggregate and sell into puree, frozen, or foodservice channels.

We first came together when we partnered to bring surplus food from farmers to hungry families in Twin Falls, Idaho, and upstate New York—an effort that inspired the idea for Planet Harvest. Planet Harvest was founded to create this secondary market and connect farmers directly with food companies and retailers to create sustainable, scalable solutions that reduce waste, expand access to nourishing food, and set the global standard in whole harvest sourcing. To scale this work, it partnered with Chobani, a company that is able to use the unused fruit and ensure it doesn’t go to waste. This year the company bought over 1.2 million pounds of Planet Harvest strawberries that would have been discarded from farms — enough fruit to produce over 55 million yogurt drinks – and is expanding these efforts with more fruit purchased from more farmers.

The result is increased revenue for farmers, water conservation, cutting greenhouse gas emissions by 20%, better-tasting food for the consumer, and diversification of the supply chain.

Chobani has been here before. Years ago, we made the decision to use rBST-free milk, without the synthetic growth hormone called recombinant bovine somatotropin, long before the industry thought it possible. That choice created a movement, and within years, rBST-free became the norm across dairy. We see the same opportunity today: to make “whole-harvest sourcing” not an exception, but the standard.

Farmers already report earning $0.27 per pound for fruit once considered worthless, generating hundreds of thousands of dollars across just a dozen farms. That is new income flowing into rural communities. Independent analysis by the World Wildlife Fund shows that saving one million pounds of fruit conserves 320 billion gallons of water and avoids 169,000 metric tons of carbon emissions. These are not marginal gains. They are system-changing dividends.

And consumers have a role to play. Just as we once embraced “organic” and “fair trade,” we can now demand “whole harvest.” Every time someone buys a product made from fruit that would otherwise have been wasted, they are voting for a smarter food system—one that feeds people, not landfills.

Better stewards of what we grow

We don’t need to grow more food to help solve hunger in this country. We need to be better stewards of what we already grow. The 400 million pounds of strawberries left in fields this year represent a failure, yes—but also an opportunity. If farmers, food companies, policymakers, and consumers act together, we can reimagine the journey from farm to table and build a system that rewards stewardship over waste.

This business model is good for farmers, good for the environment, and an even better experience for customers. With better marketplaces, flexible standards, and creative processing, we can ensure that fewer farmers watch their harvests go to waste and more families enjoy the fruits of their labor.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

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Databricks CEO Ali Ghodsi says company will be worth $1 trillion by doing these three things

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Ali Ghodsi, the CEO and cofounder of data intelligence company Databricks, is betting his privately held startup can be the latest addition to the trillion-dollar valuation club.

In August, Ghodsi told the Wall Street Journalthat he believed Databricks, which is reportedly in talks toraise funding at a $134 billion valuation, had “a shot to be a trillion-dollar company.” At Fortune’s Brainstorm AI conference in San Francisco on Tuesday, he explained how it would happen, laying out a “trifecta” of growth areas to ignite the company’s next leg of growth.

The first is entering the transactional database market, the traditional territory of large enterprise players like Oracle, which Ghodsi said has remained largely “the same for 40 years.” Earlier this year, Databricks launched a link-based offering called Lakehouse, which aims to combine the capabilities of traditional databases with modern data lake storage, in an attempt to capture some of this market.

The company is also seeing growth driven by the rise of AI-powered coding. “Over 80% of the databases that are being launched on Databricks are not being launched by humans, but by AI agents,” Ghodsi said. As developers use AI tools for “vibe coding”—rapidly building software with natural language commands—those applications automatically need databases, and Ghodsi they’re defaulting to Databricks’ platform.

“That’s just a huge growth factor for us. I think if we just did that, we could maybe get all the way to a trillion,” he said.

The second growth area is Agentbricks, Databricks’ platform for building AI agents that work with proprietary enterprise data.

“It’s a commodity now to have AI that has general knowledge,” Ghodsi said, but “it’s very elusive to get AI that really works and understands that proprietary data that’s inside enterprise.” He pointed to the Royal Bank of Canada, which built AI agents for equity research analysts, as an example. Ghodsi said these agents were able to automatically gather earnings calls and company information to assemble research reports, reducing “many days’ worth of work down to minutes.”

And finally, the third piece to Ghodsi’s puzzle involves building applications on top of this infrastructure, with developers using AI tools to quickly build applications that run on Lakehouse and which are then powered by AI agents. “To get the trifecta is also to have apps on top of this. Now you have apps that are vibe coded with the database, Lakehouse, and with agents,” Ghodsi said. “Those are three new vectors for us.”

Ghodsi did not provide a timeframe for attaining the trillion-dollar goal. Currently, only a handful of companies have achieved the milestone, all of them as publicly traded companies. In the tech industry, only big tech giants like Apple, Microsoft, Nvidia, Alphabet, Amazon, and Meta have managed to cross the trillion-dollar threshold.

To reach this level would require Databricks, which is widely expected to go public sometime in early 2026, to grow its valuation roughly sevenfold from its current reported level. Part of this journey will likely also include the expected IPO, Ghodsi said.

“There are huge advantages and pros and cons. That’s why we’re not super religious about it,” Ghodsi said when asked about a potential IPO. “We will go public at some point. But to us, it’s not a really big deal.”

Could the company IPO next year? Maybe, replied Ghodsi.



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New contract shows Palantir working on tech platform for another federal agency that works with ICE

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Palantir, the artificial intelligence and data analytics company, has quietly started working on a tech platform for a federal immigration agency that has referred dozens of individuals to U.S. Immigration and Customs Enforcement for potential enforcement since September.

The U.S. Citizenship and Immigration Services agency—which handles services including citizenship applications, family immigration, adoptions, and work permits for non-citizens—started the contract with Palantir at the end of October, and is paying the data analytics company to implement “Phase 0” of a “vetting of wedding-based schemes,” or “VOWS” platform, according to the federal contract, which was posted to the U.S. government website and reviewed by Fortune.

The contract is small—less than $100,000—and details of what exactly the new platform entails are thin. The contract itself offers few details, apart from the general description of the platform (“vetting of wedding-based schemes”) and an estimate that the completion of the contract would be Dec. 9.Palantir declined to comment on the contract or nature of the work, and USCIS did not respond to requests for comment for this story.

But the contract is notable, nonetheless, as it marks the beginning of a new relationship between USCIS and Palantir, which has had longstanding contracts with ICE, another agency of the Department of Homeland Security, since at least 2011. The description of the contract suggests that the “VOWS” platform may very well be focused on marriage fraud and related to USCIS’ recent stated effort to drill down on duplicity in applications for marriage and family-based petitions, employment authorizations, and parole-related requests.

USCIS has been outspoken about its recent collaboration with ICE. Over nine days in September, USCIS announced that it worked with ICE and the Federal Bureau of Investigation to conduct what it called “Operation Twin Shield” in the Minneapolis-St. Paul area, where immigration officials investigated potential cases of fraud in immigration benefit applications the agency had received. The agency reported that its officers referred 42 cases to ICE over the period. In a statement published to the USCIS website shortly after the operation, USCIS director Joseph Edlow said his agency was “declaring an all-out war on immigration fraud” and that it would “relentlessly pursue everyone involved in undermining the integrity of our immigration system and laws.” 

“Under President Trump, we will leave no stone unturned,” he said.

Earlier this year, USCIS rolled out updates to its policy requirements for marriage-based green cards, which have included more details of relationship evidence and stricter interview requirements.

While Palantir has always been a controversial company—and one that tends to lean into that reputation no less—the new contract with USCIS is likely to lead to more public scrutiny. Backlash over Palantir’s contracts with ICE have intensified this year amid the Trump Administration’s crackdown on immigration and aggressive tactics used by ICE to detain immigrants that have gone viral on social media. Not to mention, Palantir inked a $30 million contract with ICE earlier this year to pilot a system that will track individuals who have elected to self-deport and help ICE with targeting and enforcement prioritization. There has been pushback from current and former employees of the company alike over contracts the company has with ICE and Israel.

In a recent interview at the New York Times DealBook Summit, Karp was asked on stage about Palantir’s work with ICE and later what Karp thought, from a moral standpoint, about families getting separated by ICE. “Of course I don’t like that, right? No one likes that. No American. This is the fairest, least bigoted, most open-minded culture in the world,” Karp said. But he said he cared about two issues politically: immigration and “re-establishing the deterrent capacity of America without being a colonialist neocon view. On those two issues, this president has performed.”



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CoreWeave CEO: Despite see-sawing stock, IPO was ‘incredibly successful’ amid challenges of tariff timing

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CoreWeave has been rocked by dizzying stock swings—with its stock currently trading 52% below its post-IPO high—and a frequent target of market commentators, but CEO Michael Intrator says the company’s move to the public markets has been “incredibly successful. And he takes the public’s mixed reaction in stride, given the novelty of CoreWeave’s “neocloud” business which competes with established cloud providers like Amazon AWS and Google Cloud.

“When you introduce new models, introduce a new way of doing business, disrupt what has been a static environment, it’s going to take some people some time,” Intrator said Tuesday at Fortune’s Brainstorm AI conference in San Francisco. But, he added, more people are beginning to understand the CoreWeave’s business model.

“We came out into one of the most challenging environments,” Intrator said of CoreWeave’s March IPO, which occurred very close to President Trump’s “Liberation Day” tariffs in April. “In spite of the incredible headwinds, we’re able to launch a successful IPO.”

CoreWeave, which priced its IPO at $40 per share, has experienced frequent severe up-and-down price swings in the eight months since its public market debut. At its closing price of $90.66 on Tuesday, the stock remains well above its IPO price.

As Fortune reported last month, CoreWeave’s rapid rise has been fueled by an aggressive, debt-heavy strategy to stand up data centers at unprecedented speed for AI customers. And for now, the bet is still paying off. In its third-quarter results released in November, the company said its revenue backlog nearly doubled in a single quarter—to $55.6 billion from $30 billion—reflecting long-term commitments from marquee clients including Meta, OpenAI, and French AI startup Poolside. Both earnings and revenue came in ahead of Wall Street expectations.

But the numbers were not all celebratory. CoreWeave disclosed a further increase in the debt it has taken on to finance its expansion, and it revised its full-year revenue outlook downward—suggesting that, even with historic demand in the pipeline.

With media headlines calling CoreWeave a “ticking time bomb,” with critics calling out insider stock sales, circular financing accusations and an overreliance on Nvidia, Intrator was asked whether he felt CoreWeave was misunderstood.

“Look, we built a company that is challenging one of the most stable businesses that exist—that cloud business, these three massive players,” he said, referring to AWS, Microsoft Azure and Google Cloud.  I feel like it’s incumbent on CoreWeave to introduce a new business model on how the cloud is going to be built and run. And that’s what we’re doing.” 

He repeatedly framed CoreWeave not as a GPU reseller or traditional data-center operator but as a company purpose-built from scratch to deliver high-performance, parallelized computing for AI workloads. That focus, he said, means designing proprietary software that orchestrates GPUs, building and colocating its own infrastructure, and moving “up the stack” through acquisitions such as Weights & Biases and OpenPipe.

Intrator also defended the company’s debt strategy, saying CoreWeave is effectively inventing a new financing model for AI infrastructure. He pointed to the company’s ability to repurpose power sources, rapidly deploy capacity, and finance large-scale clusters as proof it is solving problems incumbents never had to face.

“When I look back at history of the company, it took us a year with with a company investor like Fidelity, before they were like, ‘Oh, I get it,’” he said. “So look, we’ve been public for eight months. I couldn’t be prouder of what the company has accomplished.” 



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