JLL Moves to Acquire Artificial Intelligence Startup Skyline AI

Deal by commercial property giant is the latest in a sector seeking to augment human savvy with algorithms

Commercial property firm Jones Lang LaSalle Inc. announced Wednesday its intent to acquire artificial intelligence startup Skyline AI Inc., in the latest example of how the technology is increasingly being used to gain a competitive advantage in the real-estate industry.

The real-estate and investment management services firm known as JLL said it plans to use New York-based Skyline AI’s technology to help clients predict future property values, identify new investment opportunities and decide when to raise rent, renovate...