PTTEP allots $50m for AI, E&P activity | Bangkok Post: business - News Summed Up

PTTEP allots $50m for AI, E&P activity | Bangkok Post: business


This budget will cover designing mobile apps for PTTEP's petroleum industrial activities. The investment will be made through PTTEP's wholly owned subsidiary AI and Robotics Ventures Co (ARV), founded last September. ARV's business plan is designed to provide cutting-edge solutions and service, accelerating research and technology development to enhance business efficiency across industries. ARV builds upon PTTEP's specialised technologies in petroleum E&P activities that have enhanced the company's competitive capability. ARV's first three-year (2019-21) investment is aimed at becoming the leading AI and robotics company in Southeast Asia within 3-5 years.


Source: Bangkok Post May 17, 2019 23:26 UTC



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