ADNOC says AI added $500 million of extra value in 2023

ADNOC says AI added $500 million of extra value in 2023

The Star Online - Tech·2024-03-05 19:03

DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday.

"The value was generated from the integration of over 30 industry-leading AI tools across ADNOC's full value chain, from field operations to smarter and quicker corporate decision making," ADNOC said in a statement.

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