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AI & Enterprise

Schneider Electric to buy industrial AI firm Cognite for $3.1 billion

France\'s industrial automation solutions company Schneider Electric will acquire industrial AI company Cognite for $3.1 billion, SiliconANGLE reported on Monday. The move is part of an effort to strengthen its AI software and industrial data business. SiliconANGLE said the deal also shows industrial AI is changing, evolving from systems that log data and flag maintenance needs to autonomous AI that can make decisions and act.

AI & Enterprise

Hancom InSpace completes first contact with hyperspectral satellite Sejong 3

Hancom InSpace said it successfully established ground-station communications with Sejong 3, which it described as South Korea\'s first privately developed hyperspectral satellite. The satellite was launched on March 30 from Vandenberg Space Force Base in California aboard a SpaceX Falcon 9 rocket. Hancom InSpace said initial contact confirmed the satellite body and system status were normal. It plans cluster operations with existing Sejong-series satellites and an AI platform to expand tailored data services.