energy

Algorhythm launches Azure P2P and adds Greg Smith to board

TradingView’s weekly recap highlights Algorhythm’s Azure P2P biomass power system and Greg Smith’s appointment as an independent board director.

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what happened

TradingView reported in its weekly recap that Algorhythm Holdings, Inc. (NASDAQ:RIME) introduced Azure P2P, a system that uses biomass pyrolysis to generate electricity. The technology processes forest residues into renewable power that can be supplied on demand to data centers, utilities and industrial customers.

Algorhythm also appointed Greg Smith as an independent director. Smith is a 30-year IBM veteran with an Aeronautics BS and an MBA. According to TradingView, his appointment is intended to reinforce the company’s governance, customer relationships and accountability.

why it matters

The update combines two areas relevant to Algorhythm: a biomass-based power technology and changes to its board. Azure P2P is aimed at data centers, utilities and industry, while Smith’s appointment relates to governance, client ties and accountability.

instruments

RIME

sources

  1. Weekly Recap: Azure P2P biomass-to-power launch and Greg Smith board appointment — TradingView, 12 October 2026 at 11:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

on the website stories appear 15 minutes after publication, in the api at once.

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