Pinecone has launched Pinecone Nexus, a knowledge engine that compiles enterprise business context into a structured layer for AI agents, now generally available. Early adopters in legal research saw …
In about 30 days, three B2B companies—Salesforce buying Fin for $3.6B, Autodesk buying MaintainX for $3.6B, and Schneider Electric buying Cognite for $3.1B—each paid a giant premium to acquire proprie…
Applied Computing, a London startup founded in 2023, has raised a $20m Series A led by engineering giant KBR with Databricks Ventures participating to build a foundation model for oil, gas, refining, …
Schneider Electric is acquiring industrial AI company Cognite for $3.1 billion in an all-cash deal, signaling a major strategic bet on AI-driven industrial transformation. The acquisition positions Sc…
Aker ASA sold Cognite to Schneider Electric for $3.1 billion, netting a 20x return on its investment, and is reinvesting the proceeds into Nscale, a European AI infrastructure provider, becoming its l…
French electronics conglomerate Schneider Electric has acquired Norwegian AI company Cognite for $3.1 billion (30 billion SEK), with seller Aker expecting proceeds of 14.7 billion NOK. Cognite, a prov…
Schneider Electric acquired Norwegian industrial AI company Cognite for $3.1bn in cash, aiming to integrate its data and AI platform into its Aveva software unit. The deal positions Schneider to lead …
Schneider Electric acquired Cognite for $3.1 billion in late June 2026, marking the largest Norwegian software exit. The deal gives Schneider ownership of Cognite's industrial data platform, which con…