GE Aerospace Partners With Microsoft On New A.I. Tools - InvestingChannel

GE Aerospace Partners With Microsoft On New A.I. Tools

GE Aerospace (GE) and Microsoft (MSFT) are developing new artificial intelligence (A.I.) tools to be used by the aircraft engine maker’s 52,000 employees.

Formerly known as General Electric, GE Aerospace has launched its “Wingmate” large language model A.I. system, which was built from Microsoft’s technology.

The company has described Wingmate as “ChatGPT for aerospace workers.”

Employees of GE Aerospace can use Wingmate to summarize manuals and data, search for potential solutions to quality issues, and draft emails.

Wingmate has been undergoing trials at GE Aerospace over the past three months, says the company.

To date, workers have queried the system more than half a million times and uploaded over 200,000 pages of text.

Microsoft and it’s A.I. technology have been instrumental in getting Wingmate launched. However, this isn’t GE Aerospace’s first foray into A.I.

The company’s machine learning A.I. application already helps the company inspect jet engine turbines and monitor its engines’ performance on thousands of airplanes worldwide.

Analysts say more A.I. partnerships, such as the one between GE and Microsoft, should be expected in coming months.

Microsoft has announced plans to spend $47 billion U.S. on A.I. technologies this year, up from $13 billion U.S. spent over the past five years.

The stock of GE Aerospace has gained 87% this year and currently trades at $188.10 U.S. per share.

Microsoft’s stock has increased 17% so far in 2024 to trade at $433 U.S. a share.

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