Applied Computing Raises $20M to Develop Orbital AI Model for Oil, Gas, and Refinery Optimization
Covered by 2 sources
Applied Computing secured $20 million to create Orbital, an AI foundation model that combines sensor data, physics, and language models to enhance operations in oil, gas, and petrochemical plants. Orbital accelerates anomaly detection and simulations, cutting analysis times from weeks to minutes or seconds. The model is already in use by major industry clients and generating significant revenue.