Itron, Inc. (NASDAQ:ITRI) is among the top 12 AI stocks according to hedge funds. They are collaborating with Toumetis in Southern California to improve power reliability and reduce wildfire risks. The project under the EPIC program with SDG&E aims to restore power quickly and prevent outages using predictive analytics and machine learning.

The system combines data from smart meters, relay signals, substations, and other grid sensors to enhance crew response time and identify risks in high wildfire-risk areas. It focuses on early detection of warning signs to prevent outages and support wildfire prevention efforts.

Don Reeves, Senior Vice President at Itron, Inc. (NASDAQ:ITRI), highlights the strategic relationship with Toumetis to provide grid edge analytics with Cascadence and waveform detection on Gen5 Riva meters for faster power restoration and risk detection. ITRI operates globally, offering solutions for managing water, energy, and smart city operations.

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Read more at Yahoo Finance: How Itron (ITRI) Will Use AI To Reduce Wildfire Risks