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Stock impact report

SES AI Promotes Battery Veteran Dr. Kang Xu to CTO to Lead its AI Efforts; Announces First AI Commercial Agreement

SES AI Corporation Class A (SES) 
US:NASDAQ Investor Relations: ir.synthesisenergy.com
Company Research Source: Business Wire
- Dr. Kang Xu will lead SES AI’s AI efforts- First AI commercial agreement will target Li-Metal and Li-ion electrolytes across four applications for a leading global electrolyte producer WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced two major milestones in its AI Initiative: the promotion of Dr. Kang Xu, current Chief Scientist, to Chief Technology Officer (CTO) to lead the company’s AI efforts, effective October 17th, 2024; and the signing of its first commercial agreement with a leading global electrolyte producer. This new partnership will harness AI to accelerate Li-Metal and Li-ion electrolyte development across four key applications: EV, heavy-duty trucking, consumer electronics, and grid storage.“This is one of the world’s first applications of AI in electric transportation, starting from the molecular level,” said SES AI CEO Qichao Hu. “O Show less Read more
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