Robo.ai Acquires AI Analytics Firm Specializing in Renewable Energy Forecasting
Robo.ai has acquired AI Analytics Firm Z, a company specializing in AI-powered renewable energy forecasting. The acquisition will enhance Robo.ai's capabilities in providing advanced analytics and forecasting solutions to the renewable energy industry.
Source Intelligence
KEY DETAILS
The global AI in energy market was valued at $5.4 billion in 2023 and is projected to reach $14.0 billion by 2029, growing at a CAGR of 17.2% from 2024 to 2029. Quote: "the AI in energy market share was valued at $5.4 billion in 2023 and is projected to reach $14.0 billion by 2029, growing at a robust CAGR of 17.2% from 2024 to 2029."
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Location
Regionally, the AI in energy market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America leads the market due to advanced grid infrastructure, early adoption of digital technologies, and strong investments in renewable energy.
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Announcement
01/19/26, 06:56 AM
medium quality
Enriched Feb 19, 2026
Timeline
Announced
May 15, 2025
Signed
Closed
Counterparts (2)
Source
www.altenergymag.com
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