How an energy startup has adopted generative AI (GenAI) into its business model to bridge the gap between complex energy data and human understanding, targeting a $5 billion market in the next 5-10 years.
In an exclusive interview with Dr. Vassilis Nikolopoulos, Co-founder and CTO of Avokado, we learn how a large firm supports the innovation of a deep tech startup in the energy sector by providing funding, networking, sales access, and data, which are crucial for an AI startup.
While AI is a trending buzzword of late, Vassilis Nikolopoulos expands on the tangible benefits this technology has when it comes to aggregating and analysing complex data into meaningful results that can be applied across a business unit.
Generative AI is expected to be a significant market, especially in the energy and utility space, worth around 5 billion dollars.
Over the past 2 years, the company has developed two main products: training models and releasing the first version of the energy AI assistant. The generative AI energy assistant uses large language models and existing customer data, which has already received valuable feedback from clients, identifying a need for better data visualisation and understanding.
You might be interested in:
Metlen Energy & Metals: A leader at the forefront of the energy transition
Metlen Energy & Metals pioneering green transition through strategic investments in electricity grids
To learn more about how this startup has been innovating in the AI space, watch the full interview below.
About Avokado
Avokado is a company that brings the power of artificial intelligence to energy optimisation. Avokado’s AI solutions are specifically designed to advance energy autonomy, enhance security, and increase market flexibility.
