Schneider Electric acquires Cognite for $3.1B in industrial AI push
French multinational energy giant Schneider Electric SE said today it's buying an industrial artificial intelligence company called Cognite Holding B.V.
in a $3.1 billion all-cash deal, with an eye to strengthening its AI software and industrial data business.
Referenced Coverage & Sources
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This School-friendly Laptop From HP Is $300 Off
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Artificial Intelligence
Artificial Intelligence (AI) is a broad field of computer science dedicated to building systems capable of performing tasks that typically require human cognitive function, such as visual perception, speech recognition, decision-making, and translation.
Agentic AI
Agentic AI refers to artificial intelligence systems designed to act autonomously, make decisions, plan workflows, and execute tasks without constant human intervention. Unlike traditional models that only respond to queries, agentic systems use an agentic loop to perceive environments, reason over goals, use tools, and iterate to achieve outcomes.
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