Introducing Wingmate: The GE-Microsoft AI Collaboration

  • GE Aerospace partners with Microsoft to bring AI tools to its workforce
  • Wingmate is GE Aerospace’s new large language model AI system built on Microsoft’s technology
  • Employees can use Wingmate for tasks like summarizing manuals, searching solutions, and drafting emails
  • Wingmate was developed in six weeks and deployed three months ago
  • Over 500,000 queries and 200,000 pages of text have been uploaded to Wingmate so far
  • GE Aerospace uses Amazon’s AWS for its machine learning AI applications
  • Microsoft stock has risen 16% this year, while GE Aerospace stock gained 84%
  • AI is driving demand for new jets and jet engines
  • Production issues at Boeing and Airbus keep older planes in service longer

GE Aerospace has partnered with Microsoft to bring AI tools, specifically the ‘Wingmate’ language model system, to its workforce of over 52,000 employees. This collaboration showcases how AI is transforming the workplace. The Wingmate tool helps employees save time on tasks like summarizing manuals, searching for solutions, and drafting emails. Developed in just six weeks, it has been adopted quickly by GE Aerospace workers who have already queried the system over 500,000 times and uploaded 200,000 pages of text. This partnership is part of GE’s multi-vendor approach to AI, with previous machine learning applications running on Amazon’s AWS cloud. Microsoft plans to invest $47 billion in AI infrastructure by 2024, while GE Aerospace stock has gained 84% this year. The growing demand for new jets and jet engines is driven by AI.

Factuality Level: 8
Factuality Justification: The article provides accurate information about GE Aerospace’s partnership with Microsoft to implement AI technology in their workplace using Wingmate system. It also mentions the benefits of this collaboration for both companies and how it contributes to maintaining industry leadership and improving employee efficiency. The article also includes relevant data on Microsoft’s investment in AI infrastructure and the impact on stock prices.
Noise Level: 3
Noise Justification: The article provides relevant information about GE Aerospace’s partnership with Microsoft to implement AI technology in their workplace using Wingmate system. It also mentions the benefits of this collaboration for both companies and how it can improve efficiency and customer satisfaction. The article also includes some financial data on stock performance, but it could have provided more insights into the specific impact of AI on GE Aerospace’s operations or industry trends.
Public Companies: General Electric (GE), Microsoft (MSFT), Amazon.com (AMZN)
Key People:

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Financial Relevance: Yes
Financial Markets Impacted: Microsoft and GE Aerospace stocks mentioned
Financial Rating Justification: The article discusses a partnership between GE Aerospace and Microsoft to implement AI technology, which has an impact on both companies’ stock prices. It also mentions projections for Microsoft’s capital spending on AI infrastructure and the potential for increased earnings due to higher demand for air travel.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event in the text.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Large
Affected Instruments: Stocks

Reported publicly: www.barrons.com