UptimeAI Bags Funding From ABB Motion To Optimise Its AI Suite

ABB and UptimeAI join forces in strategic investment

ABB Motion has announced a strategic investment through ABB Motion Ventures in the AI start-up UptimeAI, aiming to transform how industrial customers manage...

ABB Motion Ventures Invests in UptimeAI | industry news updates - India's best industrial news video channel

ABB Motion Ventures Invests in UptimeAI ABB Motion has announced a strategic investment through ABB Motion Ventures in the AI start-up UptimeAI, aiming to transform how industrial customers manage the health and performance of motors, drives, and related assets. The transaction consists of ABB taking a minority stake in UptimeAI. Financial details of the investment […]

UptimeAI Bags Funding From ABB Motion To Optimise Its AI Suite

Artificial intelligence (AI) startup UptimeAI has raised an undisclosed amount of investment from the venture arm of Switzerland-based ABB Motion. In a statement, ABB said that the investment would help UptimeAI’s AI-driven digital solutions provide clients insights on improving their asset performance. ABB Motion, which is a part of the ABB Group, is a leading company in the motors and drives segment. As part of the deal, ABB Motion will acquir…