financetom
Business
financetom
/
Business
/
SLB launches new AI product as it focuses on digital sales growth
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SLB launches new AI product as it focuses on digital sales growth
Nov 3, 2025 8:12 AM

HOUSTON, Nov 3 (Reuters) - Energy technology company SLB

launched a new artificial intelligence tool on Monday to

automate processes and workflows for oilfield service companies

moving to leverage AI to unlock growth.

SLB's new technology, Tela, will be embedded into the

company's portfolio of applications and platforms, and users

will interact through a simple conversational interface.

Tela agents can work in collaboration with humans or

autonomously to take decisions on things like interpreting well

logs, predicting drilling issues, or optimizing equipment

performance.

"We've been very successful with this (AI) business for the

last many years, and absolutely, digital will be an integral

part of the success of SLB for many decades to come," Rakesh

Jaggi, SLB's president of Digital & Integration, told Reuters.

The digital sector has been one of the main drivers of SLB's

revenue growth, jumping 11% in the third quarter from the second

quarter.

The company began reporting its digital business as a

standalone division in the last quarter and forecast

double-digit sales growth year-on-year for the segment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nvidia Collaborates With Novo Nordisk, DCAI to Use AI for Drug Discovery
Nvidia Collaborates With Novo Nordisk, DCAI to Use AI for Drug Discovery
Jun 11, 2025
08:09 AM EDT, 06/11/2025 (MT Newswires) -- Nvidia ( NVDA ) said Wednesday that it is collaborating with Novo Nordisk ( NVO ) to advance drug discovery by using artificial intelligence. The partnership supports Novo Nordisk's ( NVO ) agreement with DCAI to use the Gefion AI supercomputer, which is powered by Nvidia DGX SuperPOD and provides an AI factory...
TD Bank Launches New AI Foundation Model
TD Bank Launches New AI Foundation Model
Jun 11, 2025
08:08 AM EDT, 06/11/2025 (MT Newswires) -- TD Bank Group (TD.TO, TD) on Wednesday launched TD AI Prism, a new AI predictive foundation model, that combines a large-scale AI model with bank datasets to understand customers holistically. TD AI Prism, which was built on the company's secure cloud platform, will be operationalized to personalize marketing communication this year. U.S.-listed shares...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
High Liner Foods Gets TSX Approval to Renew Normal Course Issuer Bid
High Liner Foods Gets TSX Approval to Renew Normal Course Issuer Bid
Jun 11, 2025
08:07 AM EDT, 06/11/2025 (MT Newswires) -- High Liner Foods ( HLNFF ) said Wednesday that it secured TSX approval to renew its normal course issuer bid. Under the NCIB, the frozen seafood company can purchase up to 1,633,046 of its shares, or 10% of the public float, from Friday to June 12, 2026. High Liner said the board and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved