tiprankstipranks
The Fly

Trane to acquire BrainBox AI

Trane to acquire BrainBox AI

Trane (TT) Technologies “announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence building technology. BrainBox AI uses advanced deep learning algorithms to predict building energy needs, automate HVAC systems, reduce energy consumption by up to 25% and reduce GHG emissions by up to 40%. BrainBox AI’s proven technology is deployed across more than 14,000 commercial buildings globally, including airports, complexes, office buildings, hotels, commercial retail and more.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1