Domestic equities opened positive on Tuesday, but soon drifted into the red after witnessing huge sell-off amid profit booking.Nifty plunged 333 points (-1.5 per cent) to close at 21,239 levels, while Sensex fell 1,000 points (-1.47 per cent) .
A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50 million in new funding, reflecting Silicon Valley efforts to create products that help energy companies adapt to climate change. Power utilities are under pressure to cut risks of forest fires and storm-based outages after massive fires have been sparked by power lines and weather events brought down lines. AiDash uses AI to search satellite images for problems and changes along power utility electric transmission lines, such as where vegetation has grown and whether trees are encroaching on lines.
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