CloudNC AI Powers Faster Manufacturing | Tech News

0:00It's September 9th. I'm Corey with The Story, and this is Tech News Today, Technology News Powered by AI. Cloud NC just snagged $20 million to boost their AI machining tech. This company is all about making the manufacturing supply chain faster using artificial intelligence. They've got a software called Cammassys that automates the programming part of making parts. Cutting down the time it takes to get from a design to... actual production. This new funding is going straight into growing their business, beating up their tech support, and expanding their reach internationally. They're already working with over a thousand machine shops worldwide, including some big names, like Lockheed Martin. The goal is to help these shops produce more parts with the resources they already have. It's a big deal because precision manufacturing is under a lot of pressure to deliver quickly, while keeping quality high. By automating the programming, Cloud NC is helping to speed things up significantly. This could also play a role in bringing more manufacturing back to places like the US,

1:02as one of the investors pointed out. On top of that, Cloud NC is rolling out a new AI tool called, quote, agent, later this year. This program will help manufacturers estimate job costs much faster, which is currently a really manual and time-consuming process. It's designed to make quoting more consistent and efficient, helping businesses win more work. They're also working on getting their canvases software approved for use by the US government. This partnership with NOC Systems aims to make their technology compliant with federal data rules, opening doors for defense contractors, and aerospace companies. It's all about making AI a more integrated part of the manufacturing world.