Hitachi Construction Machinery invests US$3m in mining AI firm

Hitachi Construction Machinery has invested US$3 million in Rithmik Solutions, a Canada-based artificial intelligence company working to accelerate the capabilities of data analytics for mining equipment.

Their technology helps mine sites turn complex equipment data into actionable guidance that can improve fleet performance and help prevent machine failures earlier.

Hitachi says that this partnership will help mine sites using its equipment around the globe prevent and reduce downtime while reducing total cost of ownership.

“Rithmik Solutions’…

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