AIThe Next Webabout 1 hour ago
Schneider Electric buys industrial-AI firm Cognite for $3.1bn
1 min read
Schneider Electric acquired Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group plans to fold Cognite into Aveva, its industrial software arm. Cognite's platform cleans and connects industrial data, letting AI agents automate workflows and decisions on factory floors.
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