Steel Products
June 27, 2018
SMU Steel Summit to Feature Expert on Artificial Intelligence
Written by Tim Triplett
Artificial Intelligence is no longer just the stuff of science fiction. It has real-world application and is attracting real money from investors. Noodle.ai, a leading provider of enterprise AI applications, announced that it has raised more than $50 million to expand the company’s suite of applications. AI is one of the many topics to be explored at Steel Market Update’s upcoming Steel Summit Conference.
AI stands to significantly change the efficiency of everyday business, using algorithms and supercomputers to leverage vast amounts of internal and external data and make better predictions. Noodle.ai’s work has already brought machine learning intelligence to the steel industry, powering the world’s first LEED-certified learning mill at Big River Steel. Bridging sensor data and learning algorithms, the company’s Production AI module is predicting lead times, saving energy, improving product quality and identifying new areas for revenue at Big River.
