Applied Computing lands $20M to expand foundation AI for energy
Tech.eu Tamara Djurickovic ● Covered by 2 sources
Applied Computing, an AI company building foundation models for energy operations, raised $20 million led by KBR with participation from Databricks Ventures. The company's flagship platform Orbital combines physics-informed AI with chemical engineering and forecasting models, designed specifically for upstream, downstream and petrochemical operations. The funding will accelerate international expansion, opening a Houston office, and increase commercial deployment of Orbital across major energy customers globally.
Why it matters
Applied Computing, a British artificial intelligencecompany developing foundation models for energy operations, has raised $20million in a funding round led by KBR, with participation from Databricks ...
