GE acquires AI startups Bit Stew Systems, Wise.io: Reuters
General Electric said it has acquired two technology startups to build its artificial intelligence capability, a move that helps it compete with IBM's Watson product, Reuters reported. GE said the acquisitions of Vancouver, British Columbia's Bit Stew Systems and Berkley, California's Wise.io will expand its Predix platform for industrial internet applications, which connects big machines such as power plants and aircraft engines to databases and analytical software. Terms of the deals weren't disclosed.
15 November 2016•2 mins read
