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Genesis Releases Wildfire Defence Solutions AI Tool
AIGAIG(US:AIG) Newsfileยท2024-06-10 08:30

Core Viewpoint - Genesis AI Corp. has launched a wildfire prevention tool called Wildfire Defence Solutions, utilizing custom GPT and machine learning to help communities prepare for and mitigate the impact of wildfires [1][3]. Group 1: Product Overview - Wildfire Defence Solutions is designed for cities, towns, resorts, developers, and governments to estimate the costs of building resilient communities by classifying fuel types and mapping critical infrastructure [1]. - The software automates Community Wildfire Protection Plans, providing real-time updates on wildfire risks and costs associated with "FireSmart" protection techniques [3]. - It integrates various public data sources, including historical fire data, weather information, and land ownership analysis, allowing clients to choose service resolutions based on their risk levels [4]. Group 2: Market Context - CNN estimates the annual cost of wildfires in the US to be between $87.4 billion and $427.8 billion, highlighting the financial impact of wildfires on communities [2]. - The software aims to address critical prevention efforts needed to reduce the financial burden and impact of wildfires [2]. Group 3: Company Developments - CEO Devinder Randhawa emphasizes the company's commitment to providing real solutions for wildfire issues in North America, drawing from personal experiences with past wildfires [5]. - The company has appointed Mr. Jordan Potts to the Board of Directors, who brings extensive experience in public markets and fundraising for junior exploration companies [5]. - Mr. Jeremy Wiebe has transitioned to the Advisory Board, allowing him to continue contributing his expertise [6]. Group 4: Future Directions - Genesis AI Corp. is exploring opportunities in precision geospatial, forestry analytics, and carbon sectors through AI, with ongoing development of a generative AI model called Woodlands.ai [7].