GE Working on Robot That It Says Can Save $200 Billion of Power
General Electric Co. is working on a way to use artificial intelligence in electricity grids, a technology that it expects will save $200 billion globally by improving efficiency. "We're also putting a lot into the machine learning side, a lot," said Steven Martin, chief digital officer at GE's energy connections business, at an interview at the Bloomberg New Energy Finance summit in London. "We have a lot of people working on this." This is expected to significantly increase the efficiency of the grid and save consumers money. Researchers are looking into how so-called machine learning can be integrated into businesses from healthcare to computing, and now energy.
Sep-22-2017, 13:57:55 GMT
- Industry:
- Electrical Industrial Apparatus (0.64)
- Energy > Power Industry (1.00)
- Industrial Conglomerates (0.64)
- Technology:
- Information Technology > Artificial Intelligence
- Machine Learning (0.54)
- Robots (0.40)
- Information Technology > Artificial Intelligence