Boeing invests in artificial intelligence leader
The US airframe manufacturer Boeing is investing in Spark Cognition, an Austin TX-based company focused on artificial intelligence and machine learning in the fields of information technology security and industrial operations.
It is the latest investment by the Boeing HorizonX venture arm established earlier this year. Boeing is joining a group of strategic investors led by Verizon Ventures as Spark Cognition closes its initial USD 32 million funding round.
Spark Cognition has established itself as a machine learning technology leader, developing a cognitive, data-driven analytics platform for the safety, security and reliability of data technology for customers in energy, oil and gas, manufacturing, finance, aerospace, defence, telecommunications and security. (ah)