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IND Technology Announces A$50 Million Funding Commitment to Scale AI Driven Grid Fault Detection
IND Technology has announced a A$50 million institutional funding round led by Angeleno Group and Energy Impact Partners. The investment is designated for the global deployment of the company’s sensor-based AI platform, which identifies precursors to electrical faults to prevent outages and reduce wildfire risks. Key partners include Edison International and Virescent Ventures.
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Meta's Reality Labs Reports USD 4.4 Billion Loss in Q3 Amid AI Investments
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