Powering the future: How Gen AI and AI illuminate utility companies ...Middle East

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Powering the future: How Gen AI and AI illuminate utility companies
According to market researchers at Gartner1, “Utilities are faced with unprecedented challenges.” While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). ResearchandMarkets1 estimates that the energy and power market spent 3.103 billion USD on AI in 2021. And by 2028, the AI spend is likely to more than quadruple to 14.257 billi

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