07:50 AM EDT, 06/12/2025 (MT Newswires) -- TotalEnergies (TTE) is collaborating with French firm Mistral AI to set up an innovation lab focused on artificial intelligence in support of TotalEnergies' multi-energy strategy, particularly in low-carbon energy, the companies said Thursday.

Mistral AI will provide its AI technologies to the innovation lab, while TotalEnergies will contribute its knowledge in low-carbon energy production to develop digital solutions, according to a joint statement.

Financial details were not provided.

Initial projects will focus on creating a tool to assist researchers in developing new energies, improving industrial asset performance to lower carbon dioxide emissions, and enhancing customer energy savings, the companies said.

The lab will also explore AI applications in renewable energy production and assess opportunities for adopting AI infrastructure in line with Europe's digital sovereignty goals, they added.

Shares of TotalEnergies were up by over 1% in recent premarket activity Thursday.