AI for utilities National Grid Partners, the investment and innovation arm of the UK power company National Grid invested in two data analytics companies that could help protect critical national inf... View MoreAI for utilities National Grid Partners, the investment and innovation arm of the UK power company National Grid invested in two data analytics companies that could help protect critical national infrastructure. #aistartups #machinelearing #ml
One investment is in Boston-based Aperio Systems, which uses machine learning to analyse industrial sensor data in real-time.
The other was in Silicon Valley’s AiDash, which uses high-resolution satellite imagery to help utility and energy companies streamline their maintenance operations, such as cutting back vegetation.
Silicon Valley-based NGP has a $300m fund and has spent some $175m since launching in November 2018. https://theenergyst.com/national-grid-partners-invests-in-two-ai-startups-to-protect-critical-infrastructure/?utm_source=sociating.com
National Grid Partners invests in two AI startups to protect critical infrastructure | theenergyst.com
National Grid Partners (NGP), the investment and innovation arm of National Grid plc announces two new investments in data analytics startups that use artificial intelligence (AI) to protect critical
Many corporate executives, startup founders and big consultancies have been too optimistic about AI, which is why we're now seeing AI sliding from the top of the hype cycle down the 'Trough of Disillu... View MoreMany corporate executives, startup founders and big consultancies have been too optimistic about AI, which is why we're now seeing AI sliding from the top of the hype cycle down the 'Trough of Disillusionment.'
In the early days of AI scientists were also overly optimistic:
✖️ “I believe that at the end of the century, opinion will have altered so much that one will be able to speak of thinking machines without expecting to be contradicted” Alan Turing, 1950
✖️ “All stable processes we shall predict. All unstable processes we shall control.” John von Neumann, 1950
✖️"Within ten years a digital computer will discover and prove an important new mathematical theorem" Newell & Simon, 1958
Have you been over-optimistic about AI? Let us know your thoughts ߑ
#hypecycle #emergingtechnologies #optimism #futuretech #ai #ml #machinelearning #deeplearning #datascience #bigdata #artificialintelligence
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