UAE's ADNOC will debut autonomous AI for the energy sector
UAE's state-funded oil company ADNOC (Abu Dhabi National Oil Company) will become the first energy company to employ autonomous agentic AI. It is doing this with backing from G42, another government-backed AI and cloud computing company which received a $1.5 billion investment from Microsoft in April.
Speaking with Reuters, ADNOC CEO Sultan Al Jaber said that the move would help "analyze petabytes of data" and will "proactively and autonomously identify operational improvements". Besides G42 and Microsoft, the project also received support from AIQ, an AI firm established by ADNOC and G42 in 2020.
Agentic AI is an autonomous system that uses the reasoning capabilities of LLMs (Large Language Models) to perform tasks with little to no human interaction. These systems can analyze large amounts of data and devise plans to meet goals.
In March (via JPT75), ADNOC claimed that its implementation of AI tools had generated five hundred million dollars in value during 2023. It said it used more than 30 AI programs. These initiatives helped reduce the emission of a million metric tons of CO2 from 2022 to 2023.
