Reported about 3 hours ago
Octopus Energy, a British renewable energy startup, is set to spin off its AI division, Kraken Technology, which has been crucial to its growth as the UK's largest electricity supplier. Kraken's CEO, Amir Orad, reveals plans for the business to operate independently and potentially go public, aimed at enhancing service delivery based on real-time energy data. With an innovative approach leveraging AI and cloud technology, Kraken seeks to challenge established players like Oracle and SAP, which have more rigid infrastructures.
Source: YAHOO