Mitsubishi Electric's ME Innovation Fund Invests in AI-assisted PLM Systems Startup "Things"
Japan, July 8 -- Mitsubishi Electric Corporation announced that its ME Innovation Fund has invested in Things, Inc., a Japan-based startup that develops and provides AI-assisted product lifecycle management (PLM) systems for manufacturing, specializing in comprehensive document management from product planning to development to disposal. This is the twelfth investment that the fund has made to date.Through this investment, Mitsubishi Electric aims to integrate its extensive manufacturing and control expertise with Things' generative AI technology to accelerate the development of digital transformation (DX) solutions that address various manufacturing challenges.In recent years, Japan's manufacturing industry has faced labor shortages, the a...
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