By Michael Susin
Dow Jones said Tuesday it has acquired the artificial intelligence-powered fuel pricing solutions provider A2i Systems, without disclosing financial details about the deal.
The New York-based media company said the acquisition of the Denmark-based company will contribute to its growing suite of AI capabilities and will operate as a subsidiary of OPIS within Dow Jones's energy business.
Dow Jones said the acquisition will substantially diversify and strengthen OPIS's suite of offerings for retail customers.
"A2i's best-in-class AI engine applies advanced predictive technologies and real-time pricing data to forecast consumer buying behaviors in dynamic market conditions," Dow Jones said.
News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
July 02, 2024 09:29 ET (13:29 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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