British renewable energy provider Octopus Energy said this week that it’s spinning off Kraken, its tech platform for utilities, spurred in part by $500 million in committed annual revenue from other ...
China has proposed strict new rules for artificial intelligence (AI) to provide safeguards for children and prevent chatbots from offering advice that could lead to self-harm or violence. Under the ...
Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners ...
British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a standalone entity. The company said its Kraken Technologies Ltd. subsidiary ...
Octopus Energy raised $1 billion in its first standalone funding round for Kraken, valuing the business at $8.65 billion. The statement said "a major Kraken customer," which it did not name, and ...
Octopus Energy Group Ltd. today announced plans to spin off its Kraken subsidiary, which sells software that helps utilities operate more efficiently. The Wall Street Journal cited analysts as saying ...
Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the transition to cleaner energy. Kraken has been key to Octopus Energy’s growth ...
Kraken, Octopus Energy’s tech arm, has been spun off as a standalone business with $500m annual committed revenue and contracts covering 70m accounts worldwide. The move aims to accelerate global ...
Octopus Energy has agreed a deal to sell a minority stake in its Kraken Technologies division in a move valuing the software business at 8.65 billion dollars (£6.4 billion) and paving the way for its ...
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