Inside Saudi Aramco's technology operations

Aramco's Diversification and Technology Strategy - Aramco is diversifying its revenue streams and investing in technology due to the International Energy Agency's prediction of plateauing global oil demand by 2030 [3] - The company is leveraging AI to improve operations, increase well productivity, and manage costs [5][6] - Aramco's cost per barrel of oil equivalent has remained at $3 for 20 years due to technology [6] - Aramco has invested tens of billions of dollars in computing infrastructure and possesses 90 years of high-quality data, giving it a competitive edge in AI adoption [7] AI and Data Infrastructure - Aramco's Opus center monitors real-time data from over 100,000 sensors across more than 100 plants, optimizing efficiency and reducing costs [4] - The company has 6,000 employees trained in AI [8] - Aramco utilizes its own large language model, Aramco Metabrain, comprised of 90 years of geological data to increase efficiency [9] Investments and Future Goals - Aramco's venture capital arm, Wa'ed Ventures, earmarked $100 million for early-stage AI investments last year [10] - Aramco aims to transform Saudi Arabia into a global AI hub [10] - Aramco is a large minority shareholder in Humane, Saudi Arabia's new national AI company [11] - The company is increasing its focus on natural gas and renewables to power data centers required for the AI revolution [12]