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Caterpillar Partners With Nvidia for AI-Powered Solutions

MT Newswires Live01-08

Caterpillar (CAT) said Wednesday it has expanded its collaboration with Nvidia (NVDA), enabling real-time artificial intelligence inference on Cat construction, mining and power equipment via the Nvidia Jetson Thor platform.

Caterpillar said it also launched the Cat AI Assistant, built using Nvidia Riva open speech models, to provide personalized recommendations on equipment, parts, maintenance, among others.

Additionally, Caterpillar said it is using the Nvidia AI Factory to automate and accelerate important manufacturing processes, including forecasting and scheduling.

Financial details of the collaboration were not disclosed.

Shares of Caterpillar were down over 2% in recent Wednesday trading.

Price: 607.00, Change: -16.01, Percent Change: -2.57

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