Oil sector set to spend US$16B on AI: BNEF

SPENDING on cloud and analytics software in the oil sector is expected to reach US$16 billion by 2030, according to analysis from Bloomberg New Energy Finance, suggesting even the crash in prices will not halt the move to digitalisation.

Oil sector set to spend US$16B on AI: BNEF Oil sector set to spend US$16B on AI: BNEF Oil sector set to spend US$16B on AI: BNEF Oil sector set to spend US$16B on AI: BNEF Oil sector set to spend US$16B on AI: BNEF

price crash won’t slow it down

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