Oil's AI Awakening: A New Era of Efficiency or a Recipe for Disaster? The oil and gas industry has long been criticized for its slow adoption of new technologies.
Applied Computing's $20 million Series A raise suggests that even this reluctant giant may be on the cusp of an AI revolution.
The London based startup claims to have developed a foundation model called Orbital, which can predict the state of an entire facility in minutes using sensor readings, physics and chemistry, and equipment constraints.