Top 9 Latest AI News Updates Investors Shouldn’t Miss

2. Carrier Global Corporation (NYSE:CARR)

Number of Hedge Fund Followers: 48

Carrier Global Corporation (NYSE:CARR) is a leader in offering intelligent climate and energy solutions.

On March 5th, Carrier Global Corporation (NYSE:CARR) announced that it will collaborate with Google Cloud to improve grid flexibility and support smarter energy management. The initiative will combine Carrier’s battery-enabled HVAC technology—delivered through its Home Energy Management System solutions—with Google Cloud’s AI-based analytics and WeatherNext AI models to create intelligent solutions for residential HVAC energy clients. The partnership will help the energy solutions provider balance energy supply and demand across the grid as well as optimize HVAC operation for higher efficiency, cost savings, and greater availability.

“Our energy systems must evolve to be more intelligent, flexible and economically efficient.By integrating Carrier’s HEMS technology with Google Cloud’s AI and analytics, we aim to help increase the efficiency of existing energy infrastructure—reducing grid congestion, unlocking greater energy utilization and contributing to economic growth.”

-said Hakan Yilmaz, chief technology and sustainability officer at Carrier Global Corporation.