Watch: BP invests in new artificial intelligence technology
BP Ventures has invested $5 million in Artificial Intelligence and named it ‘Sandy’, aiming to improve its upstream digital capabilities. This investment, boosts the company’s continuous work on exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business. It is directed at the Houston technology start-up Belmont Technology, a company that has developed a cloud-based geoscience platform using artificial intelligence (AI).