Stock Market News

Honeywell partners with Google to integrate data with generative AI

2024.10.21 10:26

(Reuters) – Honeywell (NASDAQ:) has signed a deal with Google (NASDAQ:) to connect artificial intelligence technology with its industrial data, both companies said on Monday, with a view to offer streamlined autonomous operations for its customers.

The partnership will bring together Alphabet-owned Google’s Gemini – its most advanced AI technology – and Honeywell’s industrial data collected through its Forge platform to automate tasks and reduce project times, in an industry that continues to grapple with a labor shortage.

The AI-powered tools will help automate tasks for engineers, warehouse workers, and technicians, among other uses, with the first AI-enabled solutions reaching Honeywell’s customers in 2025.

“The path to autonomy requires assets working harder, people working smarter and processes working more efficiently,” Vimal Kapur, chairman and CEO of Honeywell, said in a statement.

© Reuters. FILE PHOTO: The logo of Google is seen outside Google Bay View facilities during the Made by Google event in Mountain View, California, U.S. August 13, 2024. REUTERS/Manuel Orbegozo/File Photo

With the new AI-powered agent built on Google’s Vertex (NASDAQ:) AI platform, automated tasks will lead to reduced project design cycles, Honeywell said, adding that users will be able to process various data types such as images, videos, text and sensor readings.

Honeywell, attempting to leverage the latest boom in AI technology, said it is aiming to reduce maintenance costs, increase operational productivity and “upskill employees” through the partnership for its customers.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,684.64 2.70%
ethereum
Ethereum (ETH) $ 3,343.77 3.62%
tether
Tether (USDT) $ 1.00 0.17%
xrp
XRP (XRP) $ 2.17 4.74%
bnb
BNB (BNB) $ 692.10 1.73%
solana
Solana (SOL) $ 188.87 4.46%
dogecoin
Dogecoin (DOGE) $ 0.315305 4.61%
usd-coin
USDC (USDC) $ 1.00 0.25%
staked-ether
Lido Staked Ether (STETH) $ 3,341.98 3.69%
cardano
Cardano (ADA) $ 0.869763 4.63%
tron
TRON (TRX) $ 0.251973 1.66%
avalanche-2
Avalanche (AVAX) $ 37.79 6.64%
the-open-network
Toncoin (TON) $ 5.74 4.03%
chainlink
Chainlink (LINK) $ 22.91 6.86%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,968.20 3.70%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 5.95%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,443.57 2.61%
sui
Sui (SUI) $ 4.25 5.26%
hedera-hashgraph
Hedera (HBAR) $ 0.289568 6.88%
stellar
Stellar (XLM) $ 0.358033 6.36%
polkadot
Polkadot (DOT) $ 6.99 6.44%
bitget-token
Bitget Token (BGB) $ 7.41 30.46%
weth
WETH (WETH) $ 3,343.44 3.69%
bitcoin-cash
Bitcoin Cash (BCH) $ 438.99 5.11%
leo-token
LEO Token (LEO) $ 9.15 4.32%
hyperliquid
Hyperliquid (HYPE) $ 25.10 6.42%
litecoin
Litecoin (LTC) $ 103.07 5.19%
uniswap
Uniswap (UNI) $ 12.92 6.88%
pepe
Pepe (PEPE) $ 0.000017 7.34%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,528.04 3.82%
near
NEAR Protocol (NEAR) $ 5.08 7.36%
ethena-usde
Ethena USDe (USDE) $ 0.99966 0.07%
usds
USDS (USDS) $ 1.00 0.18%
aave
Aave (AAVE) $ 337.51 9.05%
aptos
Aptos (APT) $ 9.00 6.69%
internet-computer
Internet Computer (ICP) $ 10.45 6.95%
crypto-com-chain
Cronos (CRO) $ 0.150533 5.17%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.481287 6.72%
mantle
Mantle (MNT) $ 1.18 4.43%
ethereum-classic
Ethereum Classic (ETC) $ 25.97 4.92%
vechain
VeChain (VET) $ 0.047344 8.46%
render-token
Render (RENDER) $ 7.20 4.46%
whitebit
WhiteBIT Coin (WBT) $ 24.60 1.15%
monero
Monero (XMR) $ 191.03 1.39%
dai
Dai (DAI) $ 1.00 0.21%
bittensor
Bittensor (TAO) $ 473.91 7.26%
mantra-dao
MANTRA (OM) $ 3.62 4.52%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 5.77%
arbitrum
Arbitrum (ARB) $ 0.751164 5.98%
filecoin
Filecoin (FIL) $ 5.01 5.51%