Applied Computing lands $20M to expand foundation AI for energy

Tech.eu · 10 hours ago

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.