Caterpillar stock has delivered a very strong 332.0% total return over the past 5 years, yet current checks suggest the shares now look closer to fairly valued than clearly cheap, with only a limited margin between the market price and one widely used intrinsic value estimate. At the same time, traditional earnings multiples still screen…
Add to Google Preferred Sources Caterpillar is applying lessons from its autonomous mining business to deploy AI across the rest of its operations, according to Chief Technology Officer Jaime Mineart. The company’s Cat AI Assistant lets field technicians use voice commands to access repair procedures and identify parts, drawing on data from about 1.6 million…
Nearly every company that’s trying to deploy artificial intelligence runs into the same problem: it’s hard to integrate the tech into everyday operations. Industrial heavyweight Caterpillar has spent decades dealing with a version of that problem in the physical world, and now it’s using its experience to deploy AI.
