Quantum AI chip boosts energy forecasting accuracy by 20%
Silicon Quantum Computing and Schneider Electric got A$3.6 million from Australia to keep expanding a quantum-based AI chip called Watermelon for energy forecasting. In earlier trials, Watermelon improved next-day grid forecasting accuracy by 20% on average—sometimes up to 41%—compared to existing models. The next phase will test the chip across hundreds of Australian homes and plug it directly into Schneider Electric’s systems.
- Received A$3.6M funding from Australia's tech challenge
- Watermelon chip gave up to 41% more accurate forecasts
- Stage 2 brings testing to hundreds of homes
- Integration planned with Schneider Electric’s AI system
Sources covering this
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