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UAE’s energy company to implement AI in energy sector

04 November 2024 22:10

UAE energy giant ADNOC is set to deploy highly autonomous agentic artificial intelligence in the energy industry for the first time, collaborating with G42, Microsoft, and AIQ, CEO Sultan Al Jaber announced this at an industry event in Abu Dhabi.

The UAE, a long-time security partner of the US, seeks greater access to American technology to develop its advanced tech sector, Caliber.Az reports per foreign media.

The initiative is spearheaded by G42, which received a $1.5 billion investment from Microsoft in April, aimed at diversifying the UAE's economy away from oil, 

"The exponential growth of AI is creating a power surge that no one anticipated 18 months ago, when ChatGPT took off," stated Jaber, who is also the Minister of Industry and Advanced Technology and COP28 President.

Agentic AI represents the next frontier in artificial intelligence, enabling systems to operate autonomously and execute tasks on behalf of users. "It will not only analyze petabytes of data, it will proactively and autonomously identify operational improvements," Jaber explained. "It will speed up seismic surveys from months to days. It will increase the accuracy of production forecasts by up to 90 percent."

The UAE is investing billions into artificial intelligence, including the development of Arabic and Hindi language chatbot applications akin to OpenAI's ChatGPT. Emirati officials believe that this focus on AI will enhance the Gulf state's international influence, positioning it as a vital economic player even after the demand for oil diminishes.

By Vafa Guliyeva

Caliber.Az
Views: 286

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