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Schneider Electric agreed to buy Cognite, an industrial data platform company, in a cash deal valued at $3.1 billion. The transaction values Cognite at 18.2 times its reported 2025 revenue of more than $170 million.
bbc.co.ukBMW plans to introduce two humanoid robots at its Leipzig factory this summer. The robots will perform parts-feeding and battery-assembly tasks. The company has previously tested similar robots at a U.S. plant.
betakit.comPyroGenesis announced an upsized bought deal offering of 10,882,500 units at $0.34 per unit for gross proceeds of $3.7 million. The company also plans a concurrent private placement of up to $2 million.
South China Morning PostChinese industrial sectors are adopting AI agents with government backing. Experts at an IDC summit said high-risk fields such as healthcare and aerospace face trust and data limitations.