Utilidata Raises $60 Million to Scale Distributed AI Across Energy Infrastructure
Summary
This funding will enable Utilidata to rapidly scale Karman, its distributed AI platform developed in collaboration with NVIDIA over the last four years. By bringing artificial intelligence to the edge of the grid, Utilidatas Karman platform will help deliver unprecedented efficiency, resilience, and security to energy infrastructure across the world. This growth combined with the global clean energy transition is creating increased complexity on the grid, requiring new and advanced solutions, like edge AI. We look forward to showcasing the power of edge AI at the Quanta Advanced Training Center, and working with our customers and partners to modernize infrastructure. By embedding AI and accelerated computing at the grids edge, Utilidata is unlocking critical insights and enabling utilities and industries to make smarter, more informed decisions, said John Rapaport, CIO of Keyframe Capital.