Morning Beat: General Electric Company (GE), Alphabet Inc (GOOGL), and International Business Machines Corp. (IBM)

Storing solar energy for later use has always been big a problem even as more people call for a switch to renewable sources of energy. CO2 produced from coal plants also remains a nagging issue at a time when global warming is a hot topic. General Electric Company (NYSE:GE)’s scientists believe they may have found a way out, of the two standoffs.

The scientists propose the use of CO2 as a giant battery to hold any excess energy produced by solar panels. The new system involves using solar power to heat salt with a concentrated mirror array. Any CO2 stored from say a coal plant is, on the other hand, cooled to a solid dry ice using the excess grid power.

In case of a power outage or when extra energy is needed, the heated salt could be used to warm up the solid CO2 to a supercritical state. The produced gas is then funneled to General Electric Company (NYSE:GE)’s purpose built turbines that generates power in return, that is injected into the grid.

Alphabet Inc (NASDAQ:GOOGL)’s DeepMind intelligence system has won the first match of a five-match tournament against top ranked board game player Go. The win is a big achievement as it underscores the superhuman status that the system continues to amass.

The software behind the system, AlphaGo, first came into public view in January in a paper published in science journal Nature. AlphaGo had already beaten Professional Go Player, Fan Hui having attained expert human level performance on the game.

What sets Alphabet Inc (NASDAQ:GOOGL)’s AI system apart from other systems is that it relies on neural networks technology to imitate human capabilities. The technology essentially allows the system to learn from experience rather than programming.

International Business Machines Corp. (NYSE:IBM) system Watson could soon offer concierge services in hotels across the globe. Hilton McLean in Virginia is the latest hotel to deploy the capabilities of the artificial intelligent system. Embedded in a Nao robot, Watson not only greets guests but also answers questions about the hotel amenities, schedules, and services as part of ongoing tests.

Dubbed Connie, the robot has access to WayBlazers travel platform that allows it to offer accurate information about tourist spots, restaurants, and travel destinations. International Business Machines Corp. (NYSE:IBM) says the robot should be able to improve with time as it interacts with more people thanks to Watson memory and capabilities.

Pandora Media Inc (NYSE:P) has unveiled a new tool that lets artist’s record audio messages and share them with their fans straight from their mobile devices. AMPcast is the new tool that does not require artists to record audio messages in the studio. Users will be able to listen to shared messages while they stream their favorite tracks on the service.

The new tool is an improvement of an earlier iteration launched last year. Pandora Media Inc (NYSE:P) says musicians can use AMPcast to let their fans know about upcoming show dates as well as album releases. The tool is also a perfect fit for sharing quips and anecdotes.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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