US EditionKennametal Announces Strategic Investment in CAM AI Software Leader Toolpath Labs to Advance Intelligent Machining
- Kennametal Inc. Announced on May 22, 2025, a strategic investment in AI-powered CAM software leader Toolpath Labs.
- The investment follows Kennametal's growth strategy to expand digital capabilities and better serve manufacturing customers worldwide through AI integration.
- Toolpath's software optimizes tool selection and toolpath strategies, combining AI with Kennametal's tooling expertise to co-develop scalable, efficient machining solutions.
- Dr. Carlonda Reilly described the collaboration as a significant milestone in advancing their digital transformation efforts, while Dave Bersaglini highlighted it as an exciting chance to expand their reach to a wider customer base.
- The partnership aims to deliver measurable performance gains, address industry skill gaps, and redefine manufacturing by bridging human expertise with digital intelligence.
43 Articles
43 Articles
The Conway Daily Sun
Kennametal Announces Strategic Investment in CAM AI Software Leader Toolpath Labs to Advance Intelligent Machining
PITTSBURGH, May 22, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that it has made a strategic investment in Toolpath Labs, an emerging leader in AI-powered computer-aided manufacturing (CAM) software. The new partnership supports Kennametal's strategic growth initiatives to…
ModuleWorks invests in AI machining firm Toolpath Labs
ModuleWorks, a provider of toolpath generation, simulation, and automation software, has announced a financial investment in Toolpath Labs, a company applying AI to improve machining processes. The investment is part of a strategic funding round led by Kennametal Inc. and supported by Leaders Fund. ModuleWorks and Toolpath Labs celebrating their partnership in Aachen, Germany. From left to right: Al Whatmough (CEO, Toolpath Labs), Ben Weber (hea…
Kennametal Announces Strategic Investment in CAM AI Software Leader Toolpath Labs to Advance Intelligent Machining - IT News Direct
PITTSBURGH, May 22, 2025 /PRNewswire/ — Kennametal Inc. (NYSE: KMT) today announced that it has made a strategic investment in Toolpath Labs, an emerging leader in AI-powered computer-aided manufacturing (CAM) software. The new partnership supports Kennametal’s strategic growth initiatives to expand its suite of digital capabilities and offerings to better serve manufacturing customers worldwide. The new partnership supports Kennametal’s strate…
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