ADNOC, G42 sign OpenAI deal for AI integration in UAE energy operations
Abu Dhabi is deepening its push to apply artificial intelligence in strategic industries as ADNOC and G42 sign an agreement with OpenAI. The deal comes as OpenAI chief executive Sam Altman visits the United Arab Emirates for meetings with senior officials and the ADIPEC energy conference.
Highlights
- ADNOC and G42 signed a deal with OpenAI to integrate advanced AI capabilities across ADNOC's UAE energy operations.
- The agreement was announced during Altman's meeting with Abu Dhabi Crown Prince and his attendance at ADIPEC, the UAE's largest oil show.
- Regional geopolitical tensions persist as ExxonMobil and Chevron canceled executive visits to the Gulf and oil markets fear possible new U.S.-Iran military actions.
AI deployment plan at ADNOC
As reported by Reuters, citing the Abu Dhabi Media Office, ADNOC and artificial intelligence firm G42 on Monday signed a deal with OpenAI under which the state energy company will integrate advanced AI capabilities across its operations.The agreement is announced as Altman meets Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan in Abu Dhabi and attends ADIPEC, the United Arab Emirates' biggest oil show.
Regional backdrop for energy and technology
The deal is reached as geopolitical tensions continue to weigh on regional energy markets. U.S. oil majors ExxonMobil and Chevron last week cancel plans for their executives to travel to the Gulf country and join the event, citing security concerns.Oil markets remain gripped by fears of fresh U.S. attacks on Iran and possible retaliatory strikes by Tehran. U.S. President Donald Trump says he will not launch an attack on Iran before the U.S. midterm elections on November 3, but on Friday he says Washington may carry out another military operation against Iran.
In our earlier coverage of the WTO’s assessment of trade shifts amid Middle East conflict, we noted that escalating geopolitical risks were pushing companies to redesign supply chains and shipping routes, with some changes likely to outlast the wars. The WTO also projected a sharp drop in the region’s exports and imports for 2024, while flagging that demand for AI-related products was helping support global trade growth despite disruptions.
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