Jupiter in the news

Media Coverage

Jupiter Unveils Jupiter AI: Transforming Climate Risk Analytics with AI-Powered Insights
Jupiter today announced the release of Jupiter AI, a pioneering AI engine that leverages the power of ClimateScore Global. Rich Sorkin, Jupiter CEO, pointed out that “Jupiter AI is designed to communicate in natural, conversational language within a chat window interface, akin to speaking with an expert who understands the nuances of climate and data science.”

Jupiter Intelligence adds climate risk AI tool
Jupiter is placing generative AI at the point of interaction between a subscriber to Jupiter's existing services and its vast databases. The bottom line: The new capability demonstrates how generative AI is being integrated into the climate risk analytics space, which has become an increasingly crowded business sector in recent years.
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JLL collaborates with Jupiter Intelligence to deliver AI-powered climate risk analytics
“Jupiter’s AI-powered climate models provide a valuable layer to JLL‘s Decarbonization Strategy Services,” said Guy Grainger, Global Head of Sustainability Services and ESG for JLL. “Our Decarbonization Services help owners and occupiers create a clear investment roadmap to reduce harmful emissions and enhance value in their portfolio. Layering in Jupiter’s gold standard climate risk analytics allows us to also measure what might be happening in the environment and how that could impact overall real estate valuation and decarbonization efforts.”

America's Top GreenTech Companies 2024
Jupiter stands among 250 innovative companies reducing environmental impact through technology. Our inclusion in this prestigious list, by TIME and Statista, underscores our ongoing commitment to providing gold-standard climate risk analytics.

DP World maps climate resilience path for global ports & terminals
DP World has conducted a pioneering study, in collaboration with Jupiter and Guidehouse, assessing the impact of climate change on its global network of Ports and Terminals (P&Ts) through to the end of the century, as it urges other supply chain players to map their own climate resilience status.

Extreme Weather Forecasts by AI May Help Insurers Facing a Risky Climate Future
Rich Sorkin, CEO and co-founder of climate risk analytics firm Jupiter Intelligence, agreed that insurers can no longer rely solely on "backward-looking" historical data models given the unprecedented threats of climate change. Jupiter uses AI to integrate data from leading climate models, local terrain, infrastructure vulnerability assessments, and damage estimates. This helps insurers understand risk over the lifetime of assets, rather than just annually.

Physical Climate Risk Disclosures: A Crucial Step in Preserving our Economic Stability
While much of the world is focused on decarbonization — as it should be — there is a significant looming and highly overlooked danger organizations face today, says Rich Sorkin of Jupiter Intelligence. And, he says, it’s one that can have significant effects on our global economy: physical climate risk.

Climate risk guarantees home insurance policies will keep getting more expensive
“In some cases, homeowners won’t be able to get coverage, or they will have to pay more, or they will have less reliable coverage,” said Rich Sorkin, chief executive of Jupiter Intelligence, a climate risk analytics company.

Idalia’s Damage Tied to How Fast It Intensifies
“Forecasts for rapid intensification used to be rare, but as scientific knowledge and forecast skill continue to incrementally improve, we can expect to see more such forecasts,” said Rich Sorkin, chief executive of Jupiter Intelligence, which tracks climate risk.
Press Releases
Jupiter Announces $54 Million in New Funding
The Series C Financing is co-led by Clearvision Ventures and MPower Partners. Jupiter now provides analytics to 30 companies in the Global 2000, U.S. Department of Defense and FEMA to understand the impact of climate change on their physical infrastructure and supply chains, risks to financial portfolios, and vulnerabilities to human health and safety, and to protect over ten billion dollars of physical assets and more than a trillion dollars of financial assets.
Jupiter to Partner with San Jose State University to Accelerate Wildfire Research
Jupiter will join insurance and utility industry leaders along with the Lawrence Livermore National Laboratory and others in a program at San Jose State University’s Wildfire Interdisciplinary Research Center (WIRC).
Jupiter Announces Strategic Investment from ESG-Focused MPower Partners
Jupiter announced a major expansion of its work in Japan—adding an industry leading Japan-based venture investor MPower Partners. MPower is Japan’s first ESG-focused global venture capital firm and the first female-led VC firm in Japan.
Acclaimed Researcher in Extreme Weather and Climate Dr. Adam Sobel Joins Jupiter Board of Advisors
The Columbia Professor of Earth and Environmental Sciences, Applied Physics, and Applied Mathematics, author, and podcast host further strengthens Jupiter’s unmatched scientific expertise. “We are excited that Adam will bring his knowledge and enthusiasm to continue our efforts at providing the economy with the best science possible,” said Josh Hacker, Jupiter’s Chief Scientist and Co-founder.
Pioneering Construction and Engineering Lawyer Josh Leavitt Joins Jupiter Board of Advisors
Leavitt is a legal pioneer on emerging standards of care in the construction and engineering design resiliency of structures that are threatened by extreme weather from climate change as well as the legal ramifications of failing to adapt to climate change.
Sumitomo Mitsui Banking Corporation (SMBC) enhances its climate change scenario analysis on physical risks with Jupiter technology
In collaboration with MS&AD InterRisk Research & Consulting, the goal of the enhancement is to resolve the lack of scientific data and completeness in terms of subject regions, and other issues regarding climate change scenario analysis.
Guidehouse and Jupiter Intelligence Announce Strategic Alliance to Help Utilities Quantify Climate Risk and Build Resilience
The alliance combines Guidehouse’s utility industry expertise with Jupiter’s global-scale analytics platform to provide clients with a comprehensive and transparent climate change risk assessment as a key part of an advanced integrated planning strategy.
Jupiter Accelerates U.S. Federal Government Initiatives
As the Biden-Harris administration renews its commitment to addressing climate change, Jupiter also announced its support for greater federal coordination of climate information services, emphasizing the need for better governance and the formation of a new Federal Climate Service (FCS). Jupiter’s public sector work has accelerated under the new administration, with risk planning and resilience projects underway or complete with the U.S. Department of Defense, U.S. Department of Housing and Urban Development, and multiple other entities within the Executive Branch as well as grant funded work with the National Science Foundation and NASA.
Jupiter Celebrates a Year of Company Milestones and Anticipates Significant Market Demand and New Engagements Under Biden Administration
Despite the impact of the global pandemic, Jupiter added several new marquee customers in the past year and looks forward to the Biden Administration’s investments and policies in science, greenhouse gas reduction, and resilience.