mr. chandra, what are we looking at. >> a project called farm meat, and the goal of the project is to solve the world residents food problem. the world residents food production needs to double by 2050 to feed the population. how do you do that? the moisture levels are shrinking we are looking at the solution for farm beef to previously people have been becoming an this problem and have proposed a few solutions. these techniques have known to improve these. for example, the idea of -- instead of treating a farm as homogenous, you treat it as let the genius, apply water when and where it's needer, first lies enwhen it's need -- fertilizer when it's needed and plant closer together. >> what does artificial intelligence and i.t. have to do with agriculture? how do you use those. >> guest: we need these kind of treatments you see here. we need to be able to build dense water maps, like how does the nutrient move. how do you build these kind of maps? existing approaches to build this irvery expensive. cost dish was an expo and the cheaper sensors were $8,000 so that's tattoo much for a farmer. t

mrs. bloomberg daybreak: europe i'm emma chandra with your bloomberg dismissed -- business flash.int is facing increasing .ompetition in the u.s. the company's biggest shareholder is softbank and the ceo is pursuing all options of industry consolidation. there's a takeover in the home health care business. germany's care has agreed to buy next stage medical. will allow the world's largest dialysis provider to expand in the u.s. theresa may's office is dismissing a report of the country will pay $47 billion to leave the eu. a government official called the figure speculation. brexit supporters are pushing back against the idea of paying any sort of exit fee at all. theresa may's office dismissing the report that the u.k. is prepared to pay a 40 billion euro bill to leave the european union. with us to discuss, paul richards. we know from the eu side of need this billy settled along with the irish border before we can start talking trade negotiations. this seems to be a death by a thousand brexit cuts. do you think we need this bill pushed forward? wholeittle bit like the u.s. tax s

mrs. bloomberg daybreak: europe i'm emma chandra. sales dropped for the third quarter in a row.t's likely to add pressure on the maker of viagra and lyrica to come up with a deal so that he can return to growth. viagra posted second-quarter profits that were better than expected. record.rose to a the energy company says lower oil spill payments for the rest of the year and funds from asset sales will ease the burden. ap is almost $40 billion in debt. the company posted second-quarter profits that beat estimates. in the euro area economy steamed ahead in the second quarter. gdp rose .6%. that's in line with estimates. the fastest growth since 2015. france is in its strongest continuous expansion since 2011. that's your bloomberg business flash. jonathan: banks may face an extra $50 billion in cost to support your opinions in the aftermath of a hard brexit. joining us to discuss from london is stephen morris, bloombergs u.k. banking reporter who wrote the story and has read this research. >> of this is the latest bad news for the european banking system to come out of brexit. the