Applied Computing lands $20M to expand foundation AI for energy
Applied Computing, a British artificial intelligencecompany developing foundation models for energy operations, has raised $20million in a funding round led by KBR, with participation from Databricks ... Applied Computing has secured fresh funding to expand its AI platform for energy operations, supporting international growth, research and wider deployment of its technology to improve efficiency, reliability and emissions performance.
Key Takeaways
- Industrialtech Applied Computing lands $20M to expand foundation AI for energy Applied Computing has secured fresh funding to expand its AI platform for energy operations, supporting international growth, research and wider deployment of its technology to improve efficiency, reliability and emissions performance.
Tamara Djurickovic 1 hour ago Share Share Send email Copy link Applied Computing , a British artificial intelligence company developing foundation models for energy operations, has raised $20 million in a funding round led by KBR , with participation from Databricks Ventures .
- Its flagship platform, Orbital, combines physics-informed AI with models for chemical engineering, time-series forecasting and language to help operators improve efficiency, reduce emissions, strengthen reliability and optimise decision-making across upstream, downstream and petrochemical operations.
Unlike general-purpose AI tools, Orbital is purpose-built for real operating environments.
- The investment builds on an existing commercial relationship between Applied Computing and KBR.
Alongside the funding, the two companies have signed a multi-year agreement to develop exclusive AI products for the energy sector.
- Our mission is to provide operators with a foundation model that unlocks advantage at scale while delivering pathways to production that are safer, more efficient and far less carbon intensive.
- What would you like us to deliver to you?
Stats & Key Facts
- #Applied Computing, a British artificial intelligencecompany developing foundation models for energy operations, has raised $20million in a funding round led by KBR, with participation from Databricks ...
- #Industrialtech Applied Computing lands $20M to expand foundation AI for energy Applied Computing has secured fresh funding to expand its AI platform for energy operations, supporting international growth, research and wider deployment of its technology to improve efficiency, reliability and emissions performance.
- #Tamara Djurickovic 1 hour ago Share Share Send email Copy link Applied Computing , a British artificial intelligence company developing foundation models for energy operations, has raised $20 million in a funding round led by KBR , with participation from Databricks Ventures .
Applied Computing has secured fresh funding to expand its AI platform for energy operations, supporting international growth, research and wider deployment of its technology to improve efficiency, reliability and emissions performance. Industrialtech Applied Computing lands $20M to expand foundation AI for energy Applied Computing has secured fresh funding to expand its AI platform for energy operations, supporting international growth, research and wider deployment of its technology to improve efficiency, reliability and emissions performance. Tamara Djurickovic 1 hour ago Share Share Send email Copy link Applied Computing , a British artificial intelligence company developing foundation models for energy operations, has raised $20 million in a funding round led by KBR , with participation from Databricks Ventures .
Headquartered in London, with offices in Bengaluru and Houston, Applied Computing develops AI technology designed specifically for the energy sector. Check out our earlier interview with Dan Jeavons, the president of Applied Computing. Its flagship platform, Orbital, combines physics-informed AI with models for chemical engineering, time-series forecasting and language to help operators improve efficiency, reduce emissions, strengthen reliability and optimise decision-making across upstream, downstream and petrochemical operations.
Unlike general-purpose AI tools, Orbital is purpose-built for real operating environments. Applied Computing has strengthened its commercial position over the past year through major partnerships, a growing presence in India and the addition of senior talent from across the energy and AI sectors. The investment builds on an existing commercial relationship between Applied Computing and KBR.
For more details please read the original article at Tech.eu.
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