Schneider to Acquire Cognite for $3.1B in Industrial AI Push
Schneider Electronics is buying industrial AI firm Cognite for $3.1 billion, boosting its automation and AI capabilities across manufacturing sectors.
News
Schneider plans a $3.1 billion acquisition of AI firm Cognite, signaling a major move in industrial AI and automation markets. The deal aims to enhance Schneider's AI-driven industrial solutions.

Excerpt from Bloomberg: “Autonomous driving software company Wayve Technologies Ltd. has filed to sell shares on the London Stock Exchange’s new Private Securities Market, the first major company to test the novel system.”

Excerpt from Bloomberg: “Autonomous driving software company Wayve Technologies Ltd. has filed to sell shares on the London Stock Exchange’s new Private Securities Market, the first major company to test the novel system.”

Excerpt from Bloomberg: “More studies are trying to answer the question: what if everyone uses the same AI tool?”

Excerpt from Bloomberg: “Google had a standout year, but now, a shift in the AI trade has it lagging the Nasdaq 100.”

Excerpt from Bloomberg: “The US-Mexico-Canada Agreement entered into force six years ago and is the outline for almost $2 trillion in annual trade among the three countries. A countdown to the expiry of the agreement is set to begin as officials launch a review of the trade deal that President Donald…”

Excerpt from Bloomberg: “Rhode Island’s new tax on second homes is nicknamed for its most famous part-time resident, music superstar Taylor Swift, but the levy will also squeeze owners of saltbox houses on the coast that are much less grand than the singer’s Holiday House mansion.”

Excerpt from Bloomberg: “Renewed conflict with Afghanistan dims the win Islamabad earned brokering Iran war peace.”

Excerpt from Bloomberg: “Whether artificial intelligence will cause mass workforce cuts over time remains up for debate, but it is starting to leave an imprint on US employment data.”

Excerpt from Bloomberg: “Alphabet Inc.’s Google and UK actor Idris Elba will fund access to artificial intelligence tools for African creators, with the goal of helping them produce high-quality content faster and more cheaply.”

Excerpt from Bloomberg: “The TikTok creator’s $39 billion data center is the latest payoff from Lula’s courtship of Chinese investment.”

Excerpt from Bloomberg: “These pros ditched spreadsheets and trading floors to go after brand deals and social media fame.”

Excerpt from Bloomberg: “President Luiz Inácio Lula da Silva maintained his advantage over Flávio Bolsonaro ahead of Brazil’s October election, according to a new poll.”

Excerpt from TheStreet: “"It's quiet, easy to use, very pretty, and boy does it get the moisture out."”

Excerpt from Bloomberg: “Gilt markets have shrugged off the lack of economic policy clarity from Andy Burnham, the likely successor to replace Keir Starmer as UK prime minister, according to Aegon Asset Management’s James Lynch.”

Excerpt from Bloomberg: “France will hold the first round of its upcoming presidential election on April 18, 2027, with a potential run-off set for May 2 if no candidate secures a majority.”

Excerpt from TheStreet: “"It's big enough for all my tools, yet small enough to fit on my driveway."”

Excerpt from Bloomberg: “Italian oil company Eni SpA and commodities merchant Mercuria Energy Group Ltd. signed an agreement to expand their global trading footprint by forming a joint venture.”

Excerpt from TheStreet: “BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other half. BT and Verizon announced on June 29 that they signed an agreement to…”

Excerpt from Bloomberg: “Japanese Prime Minister Sanae Takaichi is heading to India for a three-day trip starting Wednesday to bolster economic ties and align on security cooperation with counterpart Narendra Modi as the two Asian powers seek to wean off dependence on China.”

Excerpt from Bloomberg: “South Africa will tap existing rand-denominated sukuk bonds as part of its funding plans for the current fiscal year.”

Excerpt from Bloomberg: “Democratic Socialist Melat Kiros ousted 15-term incumbent Representative Diana DeGette in Colorado’s First Congressional District, Decision Desk HQ projected, the latest sign of a growing divide over the direction of the Democratic Party.”

Excerpt from TheStreet: “The Iran war handed Exxon Mobil (XOM) and Chevron (CVX) their sharpest stock surge in years. Then the peace dividend arrived, and it had the opposite effect. West Texas Intermediate prices fell to about $69 a barrel on June 28, its lowest since late February. This happened…”

Excerpt from TheStreet: “SpaceX went public on Nasdaq on June 12 with a $75 billion raise and a valuation that eclipsed every initial public offering in history. The stock surged 19% on its first day of trading, closing at $160.95 and briefly trading near a $2.25 trillion intraday valuation before…”

Excerpt from TheStreet: “With airlines using their highest fare classes to show off just how gourmet they can go with everything from rare liquors to caviar, it can be hard to stand out for travelers who are used to being served fine foods. As a result, some will go the other way and use the time that…”

Excerpt from TheStreet: “Grocery shopping has become a lot more complicated for customers. Shoppers want low prices, but they also want fresh produce, cold dairy, reliable pickup, faster delivery, and shelves that are stocked when they walk into a store after work. That puts more pressure on what…”

Excerpt from Bloomberg: “Equities kicked off July on a cautious note as traders awaited comments from Federal Reserve Chair Kevin Warsh at a time when bets on US interest rate hikes are building. The dollar rose.”

Excerpt from Bloomberg: “The Spanish government is set to grant residency permits to more than 1 million undocumented migrants, double the number that was projected when a mass regularization program was announced in April, according to a person familiar with the matter.”

Excerpt from Bloomberg: “Schneider Electric SE agreed to buy Cognite in a $3.1 billion all-cash deal to expand its industrial data and AI software operations, part of an accelerating push to modernize Europe’s factories.”
Excerpt from GitHub: “A complete AI agency at your fingertips - From frontend wizards to Reddit community ninjas, from whimsy injectors to reality checkers. Each agent is a specialized expert with personality, processes, and proven deliverables.”
Excerpt from GitHub: “Open-source AI penetration testing tool to find and fix your app’s vulnerabilities.”
Excerpt from GitHub: “"Vibe-Trading: Your Personal Trading Agent"”
Excerpt from GitHub: “A comprehensive dataset of 433 fitness exercises. Each entry includes name, category, target muscle group, equipment, instructions, thumbnail image, and animation video.”
Excerpt from GitHub: “An open source design system that's fully customizable and agent ready”
Excerpt from GitHub: “Never stop coding. Free AI gateway: one endpoint, 231+ providers (50+ free), connect Claude Code, Codex, Cursor, Cline & Copilot to FREE Claude/GPT/Gemini. RTK+Caveman stacked compression saves 15-95% tokens, smart auto-fallback, MCP/A2A, multimodal APIs, Desktop/PWA.”
Excerpt from GitHub: “Toolkit for linearizing PDFs for LLM datasets/training”
Excerpt from GitHub: “🧑🚀 Authentication and authorization infrastructure for SaaS and AI apps, built on OIDC and OAuth 2.1 with multi-tenancy, SSO, and RBAC.”
Excerpt from GitHub: “Japanese Input Method System for Linux, macOS, Neural Kana-Kanji Conversion Engine”
About this digest
Audience: AI builders and tech investors
Sources & methodology
This digest aggregates 60 publicly available items from 5 third-party publishers. Each item links back to its original source. Titles, short excerpts, and attributions are reproduced for the purpose of commentary, news reporting, and analysis under U.S. fair use (17 U.S.C. § 107). All trademarks, logos, headlines, and excerpts are the property of their respective owners. Niotex is not affiliated with, endorsed by, or sponsored by any publisher listed below.
AI-assisted:The summaries, categorizations, and editorial analysis in this digest are generated and curated with the assistance of artificial intelligence and may contain errors, omissions, or misinterpretations. Content is provided for informational purposes only and is not financial, legal, investment, or professional advice. Always verify facts against the linked original sources before relying on them.
Publishers may request removal or correction at any time. See our sources & attribution policy, terms of service, or contact us to file a DMCA notice.


