- AISIX Solutions (TSXV:AISX), an artificial intelligence stock focused on climate risk and data analytics, will release version 3.0 of its suite of wildfire prediction and risk management software on February 1st
- Users can calculate wildfire probability, intensity and expected losses now and into the future
- AISIX Solutions helps people, businesses and governments around the world analyze, manage and mitigate climate-related risks
- AISIX stock has given back 20 per cent year-over-year
AISIX Solutions (TSXV:AISX), an artificial intelligence (AI) stock focused on climate risk and data analytics, will release version 3.0 of its suite of wildfire prediction and risk management software on February 1st.
The new version, delivered under the Wildfire brand, uses advanced AI, machine learning and AISIX’s new fire growth software Cell2Fire2 to calculate wildfire probability, intensity and expected losses now and into the future. Standout features include:
- Burn probability.
- Fire size and intensity.
- Weather conditions analysis.
- Historical small (<200 hectares) and large (>200 hectares) fires.
- Expected structural damage.
- Estimated partial and total losses.
- API and dashboard data access.
Accessible to both experts and non-specialists, and built to support expansion across the globe, AISIX is hoping Wildfire 3.0 fills an unmet need in high-risk markets, as evidenced by the devastating Canadian wildfires of 2023 and those ongoing in California.
Leadership insights
“The development of Wildfire 3.0 represents our commitment to advancing climate resilience through innovative AI solutions,” Mihalis Belantis, AISIX Solutions’ chief executive officer, said in a statement. “By enhancing predictive capabilities, we aim to provide stakeholders with the tools necessary to mitigate the devastating impacts of wildfires.”
About AISIX Solutions
AISIX Solutions helps people, businesses and governments around the world analyze, manage and mitigate climate-related risks.
AISIX stock (TSXV:AISX) opened unchanged trading at C$0.04 per share. The stock has given back 20 per cent year-over-year.
Join the discussion: Find out what everybody’s saying about this wildfire-focused AI stock on the AISIX Solutions Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top photo of a California wildfire: Adobe Stock)