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Meteomatics to deliver NVIDIA-powered AI-based weather forecasts
Climate Risk Analytics
Mar 19, 2024
Older updates:
Funding
Meteomatics secures undisclosed strategic investment for new market entry
Climate Risk Analytics
Feb 2, 2024
Climate Risk Analytics

Climate Risk Analytics

Mar 19, 2024

Meteomatics to deliver NVIDIA-powered AI-based weather forecasts

Partnerships
Product updates

  • Meteomatics, a Switzerland-based short-term weather intelligence company, has partnered strategically with NVIDIA to deliver AI-based real-time weather forecasts within a 90 m radius.

  • The companies will conduct initial pilots with three energy companies, ENGIE, Louis Dreyfus Company, and TotalEnergies, to test their ability to deliver weather forecasts within minutes rather than hours.

  • Meteomatics uses its physics-based weather models to deliver hyper-local weather forecasts hours before weather events. By leveraging NVIDIA's cloud APIs, the company can deliver AI-based weather forecasts in minutes.

  • In addition, Meteomatics will open its AI-powered weather data delivery service to the broader business community, with an immediate focus on renewable energy forecasting, related insurance, and trading.

  • Analyst QuickTake: This collaboration with NVIDIA came after Meteomatics secured an undisclosed strategic investment from Lockheed Martin Ventures last month. The funds will be used to scale its high-resolution weather and climate technology, expand into new industries such as energy, aviation, insurance, defense, and government, and enter new markets.

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