Open AI Energy Initiative Partnership Formed
Shell, Baker Hughes, Microsoft, and C3 AI fuse their expertise to accelerate the development of artificial intelligence (AI) for energy sector applications.
Feb 26th, 2021
The energy industry is no stranger to digital transformation with examples ranging from the adoption of digital twin technology by oil and gas company Shell Global to the outfitting of power generation sites with internet of things (IoT)-enabled devices. After all, the growing drive for sustainability that is increasingly common in so much of industry is often considered even more vital in the energy sector itself. As such, increasing asset performance and finding ways to squeeze new efficiencies out of production are of the utmost priority.
Shell, C3 AI, Baker Hughes, and Microsoft launch the Open AI Energy Initiative
03 Feb 2021
Baker Hughes and
Microsoft have announced the launch of the
Open AI Energy Initiative™ (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. The OAI provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services to offer interoperable solutions, including AI and physics-based models, monitoring, diagnostics, prescriptive actions, and services, powered by the BHC3™ AI Suite and Microsoft Azure. This initiative is about combining the efforts of global leaders to accelerate the digital transformation of the energy industry to new, safe, and secure energy and to ensure climate security, said C3 AI CEO Thomas M. Siebel.
Baker Hughes (NYSE: BKR), Shell (NYSE: RDS), C3 AI (NYSE: AI), and Microsoft (NASDAQ: MSFT) have announced the launch of the Open AI Energy Initiative.
Baker Hughes (NYSE: BKR), Shell (NYSE: RDS), C3 AI (NYSE: AI), and Microsoft (NASDAQ: MSFT) have announced the launch of the Open AI Energy Initiative (OAI), which is described as a first of its kind open ecosystem of artificial intelligence based solutions for the energy and process industries.
According to a statement posted on Baker Hughes’ website, the OAI provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services to offer interoperable solutions, including AI and physics-based models, monitoring, diagnostics, prescriptive actions, and services, powered by the BHC3 AI Suite and Microsoft Azure.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Shell, C3 AI, Baker Hughes, and Microsoft Launch the Open AI Energy Initiative, an Ecosystem of AI Solutions to Help Transform the Energy Industry
February 1, 2021 GMT
THE HAGUE, Netherlands & REDWOOD CITY, Calif. & HOUSTON & REDMOND, Wash. (BUSINESS WIRE) Feb 1, 2021
Shell (NYSE:RDS), C3 AI (NYSE:AI), Baker Hughes (NYSE:BKR), and Microsoft (NASDAQ:MSFT) today announced the launch of the Open AI Energy Initiative™ (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. The OAI provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services to offer interoperable solutions, including AI and physics-based models, monitoring, diagnostics, prescriptive actions, and services, powered by the BHC3™ AI Suite and Microsoft Azure.