Utilidata's AI Sharpens The Grid's Edge [Forbes]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: Forbes
grid, providing stored electricity, added stability, and early warnings about potential problems. This is the vision of a Rhode Island startup moving closer to reality with the release of Karman—an AI platform for grid ‘edge' devices like smart meters, powered by a state-of-the-art NVIDIA IoT board. Utilidata's AI-powered platform can respond in real time to the growing complexity and dynamism of the grid, doing what centralized control rooms cannot. Its management and technical teams are industry leaders in electrical distribution, and the $45 million funding it has used to build the business has flowed in from savvy, smart-money investors and industry insiders such as Microsoft Climate Innovation Fund, Braemar Energy Ventures, American Electric Power, and NVIDIA. The company's Karman platform combats climate change by optimizing the grid's generation capacity, making it less wasteful and more efficient. This means Karman has the potential to facilitate the trend toward electri
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AEP
News
- American Electric Power Company, Inc. (NASDAQ: AEP) had its price target raised by analysts at Royal Bank of Canada from $90.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- US Power-Plant Rules Threaten Grid Reliability, Peabody CEO Says [BNN Bloomberg (Canada)]BNN Bloomberg
- American Electric Power Company, Inc. (NASDAQ: AEP) had its price target raised by analysts at Barclays PLC from $84.00 to $88.00. They now have an "equal weight" rating on the stock.MarketBeat
- American Electric Power Company, Inc. (NASDAQ: AEP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- American Electric Power Company, Inc. (NASDAQ: AEP) had its price target raised by analysts at Scotiabank from $86.00 to $90.00. They now have a "sector outperform" rating on the stock.MarketBeat
AEP
Earnings
- 4/30/24 - Miss
AEP
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- AEP's page on the SEC website