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"The reality is that the grids we are operating today are not optimally compatible with renewable energy resources," Steelberg said.
Global energy investment topped $2 trillion last year and the International Energy Agency estimates that China needs to add the equivalent of today’s U.S. power system to its electricity infrastructure by 2040, while India needs the equivalent of the European Union’s.
Veritone announced that as part of a planned transition its Board of Directors has appointed Michael L. Zemetra as Executive Vice President, Chief Financial Officer and Treasurer, effective today.
Veritone Energy, a suite of proprietary artificial intelligence (AI) solutions, marks the company’s entry into the energy sector with a focus on predicting optimal energy supply mix and pricing to meet grid demand and ensure reliability.
Veritone Energy’s patented solutions use AI to optimise energy distribution across diverse energy grids. By applying advanced models, rules and learning to weather forecast, energy demand, pricing, and device data, the solutions help utilities automatically predict optimal energy supply mix and pric
Artificial intelligence company Veritone Inc. (Nasdaq: VERI) of Costa Mesa said today it has introduced a set of AI tools that will help utilities increase profitability and improve grid reliability as they make the transition to renewables.
System helps smooth transition to renewable DERs -- Veritone, calling itself the creator of the world's first operating system for artificial intelligence
Chad Steelberg, co-founder, chairman, and CEO of Veritone, talks with Tonya Hall about how AI can save the energy industry billions and ways that the power grid can be protected against cyberattacks.
Veritone, creator of an operating system for artificial intelligence, aiWARE, has been awarded key subcontracts under a U.S. Air Force project that will use aiWARE to increase the speed and accuracy of overhead imagery analysis.