For four decades, PTC has sold the software behind the objects people rarely think of as software projects. Now it is simplifying its portfolio around a bigger bet: that clean, connected product data will become the operating memory for industrial AI.
Leo AI is a Cambridge, Massachusetts company building what it calls the world's first AI purpose-built for mechanical engineering. Its engineering design co-pilot, powered by a proprietary Large Mechanical Model (LMM) trained on millions of real-world products and engineering standards, turns text, sketches and specifications into production-ready 3D CAD models. Leo integrates with CAD and PDM systems to answer technical questions, source parts, run mechanical calculations and generate design concepts, and says it helps teams cut engineering time by up to 70%.