Technology company Heraeus is expanding its expertise in artificial intelligence and AI-based process optimization by acquiring a stake in the Berlin-based start-up Smart Steel Technologies, making it the largest shareholder.
Jan Rinnert, CEO of Heraeus Holding and chairman of the management board, says: “Artificial intelligence and optimization of production processes are becoming increasingly important in the steel industry, too.
“AI solutions increase efficiency, sustainability and quality standards along the entire process chain. With Smart Steel Technologies, we have a competent partner at our side, with whose software we will further improve production processes in steel mills.” [Read more…] about Heraeus becomes largest shareholder in startup Smart Steel Technologies