Itron Inc. (NASDAQ:ITRI) is one of the most promising stocks under $100 to buy. On March 16, Itron announced that it is expanding its AI-powered distributed intelligence capabilities through a collaboration with Nvidia (NASDAQ:NVDA) to modernize electric grid management. The companies recently showed the integration of Itron’s grid edge intelligence applications with the Nvidia Jetson platform. This integration allows for real-time data analysis directly from Itron endpoints, strengthening the ability of utilities to manage complex energy and water infrastructure with greater precision.

The collaboration focuses on harnessing high-performance compute to process waveform data at the grid edge for local anomaly detection. By deploying AI locally, the system can identify systemic risks such as electrical faults or wildfire threats much faster than traditional centralized methods. This approach enables continuous learning, allowing the infrastructure to recognize and predict hazardous conditions, which reduces risks to people and property while improving situational awareness for utility providers.

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As grid topology grows increasingly complex, this partnership addresses the urgent need for low-latency processing of high-fidelity data closer to the source. Itron’s distributed intelligence portfolio, supported by Nvidia’s high-performance hardware, allows for AI-assisted analytics at scale across the entire distribution grid. This shift toward edge-based inference ensures that utilities can make faster, more informed decisions to maintain the resiliency, reliability, and affordability of the modern power grid.

Itron Inc. (NASDAQ:ITRI) offers end-to-end tech solutions to manage energy, water, and smart city operations. The company operates through the Device Solutions, Networked Solutions, Outcomes, and Resiliency Solutions segments.

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