SLB expands Nvidia partnership to develop AI infrastructure for energy sector


FILE PHOTO: The entrance to oilfield service provider SLB's office in Houston, Texas, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS/File Photo

March 25 (Reuters) - Oilfield services ⁠company SLB said on Wednesday it would expand its ⁠partnership with Nvidia to develop artificial intelligence infrastructure ‌and models for the energy industry, as companies look to scale up use of the technology.

The deal builds on the two companies' partnership, which began ​in 2008 when SLB used Nvidia's ⁠accelerated computing and then expanded ⁠in 2024 to development of generative AI solutions for the ⁠energy ‌sector.

It also reflects the energy industry's need to process growing volumes of geological, production and infrastructure data ⁠more quickly, at a time when producers are ​seeking to cut ‌costs, improve reliability and lower emissions.

Oilfield contractors such as ⁠SLB are ​also keen to drive growth by delivering power equipment, turbines and data solutions to data centers and related AI infrastructure work, at ⁠a time when drilling demand is ​slowing.

Under the expanded partnership, SLB will act as a design partner for modular AI data centers based on Nvidia technology and ⁠work with the U.S. chip firm to create an "AI Factory for Energy". The platform aims to help oil and gas producers and power companies apply AI to large volumes of operational ​data.

"Building AI Factory infrastructure and domain ⁠models is needed to turn massive amounts of energy data into ​actionable insights and accelerate more efficient ‌and sustainable energy systems," said ​Vladimir Troy, vice president of AI Infrastructure at Nvidia.

(Reporting by Sumit Saha in Bengaluru; Editing by Leroy Leo)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Meta is laying off hundreds of employees, source says
Google to label verified investment apps in India amid scam crackdown
New app said to help curb premature ejaculation
UPS opens $100 million Taiwan logistics hub to meet tech boom demand
Arm jumps as new AI chip to drive billions in annual revenue
Meta’s new display glasses withheld from EU over battery rules, supply shortages
The price users pay for WhatsApp's handy new link previews
AI�can sway your opinion, even when you know it's biased, study shows
Perfect homework, blank stares: Why colleges are turning to oral exams to combat AI
WhatsApp and Pok�mon Sleep arrive on Garmin sports watches

Others Also Read