This research explores the feasibility of using a nanocomposite from multi-walled carbon nanotubes (MWCNTs) and graphene nanoplatelets (GNPs) for thermal engineering applications. The hybrid nanocomposites were suspended in water at various volumetric concentrations. Their heat transfer and pressure drop characteristics were analyzed using computational fluid dynamics and artificial neural network models. The study examined flow regimes with Reynolds numbers between 5000 and 17,000, inlet fluid temperatures ranging from 293.15 to 333.15 K, and concentrations from 0.01 to 0.2% by volume. The numerical results were validated against empirical correlations for heat transfer coefficient and pressure drop, showing an acceptable average error. The findings revealed that the heat transfer coefficient and pressure drop increased significantly with higher inlet temperatures and concentrations, achieving approximately 45.22% and 452.90%, respectively. These results suggested that MWCNTs-GNPs nanocomposites hold promise for enhancing the performance of thermal systems, offering a potential pathway for developing and optimizing advanced thermal engineering solutions.