SLB launches new AI product as it focuses on digital sales growth

Core Insights - SLB has launched a new AI tool named Tela to automate processes for oilfield service companies, aiming to leverage AI for growth [1][2] - Tela can operate collaboratively with humans or autonomously, making decisions on interpreting well logs, predicting drilling issues, and optimizing equipment performance [2] - The digital sector has significantly contributed to SLB's revenue growth, with an 11% increase in the third quarter compared to the second quarter [3] Group 1 - SLB's new technology, Tela, will be integrated into its existing applications and platforms, featuring a conversational interface for user interaction [1] - Rakesh Jaggi, SLB's president of Digital & Integration, emphasized the importance of digital technology for the company's long-term success [2] - The digital business has been reported as a standalone division, with expectations of double-digit year-on-year sales growth [3]