Dow Jones has announced that it has acquired A2i Systems..A2i adds to Dow Jones’ growing suite of artificial intelligence (AI) capabilities and will operate as a subsidiary of OPIS within Dow Jones’ energy business, maintaining its focus on innovation and product development.
A2i’s AI engine applies advanced predictive technologies and real-time pricing data to forecast consumer buying behaviors in dynamic market conditions.
Its PriceCast platform is in operation at over 12,500 fuel sites, electric vehicle (EV) charging stations, and convenience stores across over 20 countries globally.
“This knowledge and expertise is an excellent companion to OPIS, enabling us to create immediate value for our customers and subscribers. Our shared commitment to integrity and innovation with AI open a range of growth opportunities not only for our energy vertical but for Dow Jones writ large,” said Almar Latour, CEO of Dow Jones.
A2i joins Dow Jones at a time of continued growth and expansion as a leading business news and information business. In its latest reported earnings, Dow Jones revenues totaled $544 million, which included 15% growth in its energy business.