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BE May 2024 6.000 call
| Previous close | 5.75 |
| Open | 3.30 |
| Bid | 5.40 |
| Ask | 5.70 |
| Strike | 6.00 |
| Expiry date | 2024-05-17 |
| Day's range | 3.30 - 5.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 137 |
- Yahoo Finance Video
C3.ai, Bloom Energy CEOs talk optimizing the grid through AI
As massive investments are made into AI and its infrastructure, the need for energy and proper distribution will be great to power these systems. C3.ai Inc (AI) and Bloom Energy (BE) have teamed up to solve this problem and supposedly revolutionize the way electricity is allocated across power grids. C3.ai Chairman and CEO Tom Siebel and Bloom Energy Founder, Chairman, and CEO KR Sridhar — who is also a member of C3.ai's board of directors — join Catalysts to discuss the partnership between these two companies and what it can do for consumers. Sridhar elaborates on how the companies will work together, using data to make better decisions on where to distribute energy: "Finally, the time has come when we can take those billion data points from all the digital trends of things coming out of our power plants and optimize it better. That's what we're working on, and it is super important, not just for us. Once we prove this out, the future of electricity is going to be a lot of distributed generation, unlike one centralized power plant. This can be a model that everybody else can use. " Siebel follows that up with: "One of the largest applications of AI is to optimize the global grid infrastructure and the grid would be the largest, most complex machine ever built. And so we could use AI to deliver cleaner, more reliable, safer energy into the hands of more satisfied customers at lower environmental impact." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
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