tech
Applied Computing Wants to Give Oil and Gas Operators an AI Model for the Entire Plant
Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.
TL;DR
- Applied Computing, a startup focused on AI for the oil, gas, and petrochemical sectors, has raised $20 million in Series A funding.
- The company's foundation model, Orbital, combines time-series, physics-based, and language models to analyze plant data.
- Orbital aims to predict facility states, identify anomalies, and simulate solutions within minutes, compressing complex investigations.
- The funding will support international expansion, hiring for research and engineering roles, and further client deployments.
- Applied Computing has established offices in London, Houston, and Bengaluru, with plans for Middle East expansion.
- Key partners include KBR, which has integrated Orbital into its digital platform for energy projects.