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UptimeAI Bags Funding From ABB Motion To Optimise Its AI Suite

Summary by Inc42 Media

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…

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International Cement Review

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...

30 days ago

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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 […]

30 days ago

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