Honeywell launches Forge Cognition AI platform backed by Nvidia and Dell

The platform is being piloted at Honeywell's Voyager site in Santa Clara, California, where it has reported encouraging results. Following the spin‑offs of Solstice Advanced Materials and Honeywell Aerospace, the company now operates as a pure‑play automation business. Honeywell has a market capitalization of $65.80 billion, its stock rose 5% over the past 52 weeks, fell 12% over the past six months, and reached a 52‑week high of $261.24 on March 2, now down 19% from that level. On a forward‑adjusted basis its non‑GAAP price‑to‑earnings ratio is 25.02x versus an industry average of 18.86x. In Q2, sales increased 3% year‑over‑year to $5.19 billion, organic growth was 4% YoY, orders rose 16%, and the backlog is about $20 billion.