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AES enlists AI to boost its sustainable energy business

CIO

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

Energy 292
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Salesforce expects to add the new generative AI capabilities in spring 2024, it said. One of those is deriving insight from data. One of those is deriving insight from data.

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Dairyland powers up for a generative AI edge

CIO

Drawing on his experience, deep technical insight, and doctorate in information systems, Melby had several practical ideas right away about how to apply machine learning models and generative AI to serve that mission and to produce other business efficiencies. Artificial Intelligence, Digital Transformation, Utilities Industry

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Powering the future: How Gen AI and AI illuminate utility companies

CIO

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

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3 things CIOs can do to make gen AI synch with sustainability

CIO

But these and other uses of AI, as beneficial as they might sound, are raising eyebrows. “On On the surface and as it exists today, AI and sustainability take you in opposite directions,” says Srini Koushik, president of AI, technology and sustainability at Rackspace Technology. “AI They share them here.

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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. Brad Smith, Vice Chair and President of Microsoft, said the aim is to enable the German economy to benefit from AI in order to continue to expand its leading global position in terms of competitiveness.

Cloud 316
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The AI revolution is here. How do you make sense of it?

CIO

From chatbots and virtual assistants to even advanced image and text generation, Generative AI (genAI) has captured people’s imaginations and made many things once deemed impossible, possible. The reality is that genAI was not built overnight.

Energy 165