Search results for PTC
AI & Enterprise
PC AI race intensifies as big tech joins local, on-device push
Moves by major technology companies targeting local, on-device AI that runs on standard hardware are accelerating, with Microsoft joining Nvidia in an aggressive push. Microsoft unveiled a new Surface Laptop Ultra with Nvidia AI chips and highlighted “hybrid intelligence” that splits AI work between PCs and the cloud. Nvidia introduced a 64GB DGX Spark configuration. Competition is also intensifying in personal AI agents, as startups raise funding and companies roll out new models, platforms and acquisitions.
AI & Enterprise
Schneider Electric to buy PTC for $22.6 billion to bolster industrial AI software
France\'s Schneider Electric will buy U.S. industrial software company PTC for $22.6 billion, the Wall Street Journal reported. Schneider shares fell more than 8 percent in morning European trade, while PTC jumped 35 percent in U.S. premarket trading. Schneider expects the deal to help it expand into product design and engineering and prepare for an industrial AI era. The companies aim to close the transaction by the third quarter of 2027.
AI & Enterprise
Schneider Electric nears $20 billion acquisition of PTC
Schneider Electric is nearing a deal to acquire U.S. engineering software company PTC for about $20 billion, the Financial Times reported on Oct. 4, citing sources familiar with the matter. The deal could be announced as soon as Oct. 5, though the two companies are still in talks and there is no certainty it will be completed. PTC has a market value of $15.5 billion.
-
AI & Enterprise
Cl0p ransomware affiliate shows signs of exploiting PTC Windchill, FlexPLM flaw
-
Industry
Nvidia to build orbital data centres based on physical AI
-
AI & Enterprise
AI price war begins as physical AI market expands
-
AI & Enterprise
Inorules partners with PTC Korea on AI-based work automation for manufacturing
-
AI & Enterprise
PTC teams up with Lamborghini, unveils intelligent product lifecycle vision at CES 2026