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Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow ...
The deal will enhance GE Vernova's ability to offer utilities visual data solutions with situational intelligence.
Energy company GE Vernova is acquiring Alteia, a French software startup that uses AI-powered visual data to identify and fix electric grid issues.
The stock's fall snapped a five-day winning streak.
In its upcoming report, GE Vernova (GEV) is predicted by Wall Street analysts to post quarterly earnings of $1.60 per share, reflecting an increase of 125.4% compared to the same period last year.
GE Vernova Inc. acquires Alteia SAS to bolster its visual data and AI capabilities, focusing on utility grid operations and situational awareness.
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