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AI Becomes the Operating Backbone of the Power Sector

OilPrice · Alex Kimani · last updated
Artificial Intelligence has emerged as one of the biggest secular megatrends of our time. AI is powering the fourth industrial revolution and is increasingly being viewed as a key strategy for mastering some of the greatest challenges of our time, including climate change and pollution. Energy companies are employing AI tools to digitize records, analyze vast troves of data and geological maps, and potentially identify problems such as excessive equipment use or pipeline corrosion. AI is used to analyze seismic data, optimize drilling paths, and…