Applied Computing Raises $20M for AI Model Targeting Oil and Gas Industry
London-based startup Applied Computing has secured a $20 million Series A led by KBR to develop an AI model, Orbital, designed to streamline data analysis in the oil, gas, and petrochemical sectors. The company aims to address inefficiencies caused by fragmented sensor data at industrial facilities.
Tickers: $KBR
Topics: AI data analytics oil and gas startup funding