The United Arab Emirates' state oil company ADNOC plans to implement advanced autonomous artificial intelligence in the energy sector in collaboration with G42, Microsoft Corp (NASDAQ:MSFT), and AIQ, CEO, Sultan Al Jaber announced in Abu Dhabi.
This initiative, part of the UAE’s ambition to diversify its economy, builds on a $1.5 billion Microsoft investment in G42 to support the country’s technology industry.
AI has the ability to rapidly analyse data, autonomously identify improvements, speed up seismic surveys, and enhance production forecast accuracy by 90%.
The UAE is investing heavily in artificial intelligence, developing local language chatbots and other applications, with hopes that this technological shift will solidify its global influence beyond oil production.