ServiceNow buys artificial intelligence pioneer Element AI - SiliconANGLE

ServiceNow Inc. is beefing up its artificial intelligence development capabilities with the acquisition today of a company called Element AI Inc. that's widely known as one of the pioneers in the field. Montreal-based Element AI launched back in 2016 as a professional services firm focused on helping traditional enterprises implement machine learning. The startup garnered significant industry attention from the outset thanks in part to its high-profile co-founder, the well-known deep learning researcher Yoshua Bengio, who won the Turing Award in 2018 for his contributions to the field. Element AI has gradually expanded its focus since its launch by creating a fund to support fellow machine learning companies and introducing ready-made AI tools. The company's offerings include Knowledge Scout, a search engine for manufacturers that speeds up the diagnosis and repair of production line issues by giving technicians relevant information about previous incidents with similar characteristics.