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In a new interview with The National’s Hadley Gamble, Burgum predicted that skyrocketing demand from the tech ...
On Monday, court documents revealed that AI company Anthropic spent millions of dollars physically scanning print books to build Claude, an AI assistant similar to ChatGPT. In the process, the ...
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AI Could Lift the Oil Industry’s Profits. It’s Happening in the ...Oil and gas companies are on track to spend $3.1 billion on AI this year—less than 5% of their capital expenditures—but annual AI spending could rise 80% in the next five years, according to ...
AI use in the oil and gas industry looks promising, with the expectation of more widespread and sophisticated applications of AI to come. 37 Further, comfortability brings confidence and ...
In March 2021, for example, Microsoft expanded its partnership with Schlumberger, an oil-technology company, to develop and launch an AI-enhanced service on Microsoft’s Azure platform.
Show notes In this episode, Procyk mentions a 2022 article that appeared in the February 7, 2022, print edition of Oil & Gas Journal discussing the Liza development in Stabroek block offshore Guyana.
AI leading to faster, cheaper oil production, executives say By Sheila Dang and Georgina Mccartney March 13, 20254:10 PM PDTUpdated March 14, 2025 ...
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