PTC (PTC) announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence copilot based on the PTC Codebeamer application lifecycle management solution. The company said the Codebeamer Copilot will support software development in physical products. Codebeamer Copilot is expected to release as a beta to select PTC customers in early 2025.
The development of Codebeamer Copilot builds on Volkswagen Group's adoption of Codebeamer to support software development across its projects. PTC and Volkswagen partnered with Microsoft to help amplify the value of Codebeamer by embedding generative AI with Microsoft Azure AI capabilities.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.