Dow Jones said Tuesday it has acquired the artificial intelligence-powered fuel pricing solutions provider A2i Systems, without disclosing financial details about the deal, reports Michal Susin of The Wall Street Journal.
Susin reports, “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.”
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