An Untapped Frontier For Mac
The vast space beneath Grand Central Terminal is an enchanted landscape, functional and beautiful in one of the most dense urban environments in the world.
Artificial intelligence (AI) is becoming a big part of our everyday lives, even if. Consider the facial recognition used to tag a photo on social media, the language processing in the mapping feature on your smartphone, or the natural language understanding that digital assistants and smart speakers employ. These achievements, and many, many more, are the product of advancements in AI. While the tech industry was the early bird to the AI movement, others followed along more slowly. Now it seems that the oil and gas industry may be the next to undergo a transformation.
Companies such as Royal Dutch Shell, Chevron, G eneral Electric subsidiary Baker Hughes, and Eni have teamed up with NVIDIA Corporation (NASDAQ: NVDA) to accelerate the adoption of this technology in the oil and gas industry. Crude oil refinery and pipeline More Is the oil and gas industry the next to be conquered by AI?
Image source: Getty Images. Finding a needle in a haystack AI, or more specifically, uses computer models based on the structure and function of the human brain combined with sophisticated algorithms and reams of data to reproduce our capacity to learn. The system gains the ability to distinguish patterns and discover relationships in the data that might go unnoticed among their human counterparts. This groundbreaking competency to uncover seemingly meaningless connections in the underlying information is at the heart of AI's transformative power.
Drilling for natural resources presents a number of challenges that AI is uniquely suited to address. First and forecast is the massive amounts of information that has to be analyzed at every step of the process. Producing simulations that can predict better drilling locations, sifting through seismic data images and generating 3D maps, geological and geophysical studies, and analyzing inputs to increase the accuracy of predictions regarding the size of reservoirs - it can all be done more efficiently with AI. Data, the new oil NVIDIA realized in the early days of AI adoption that the same massive parallel processing capabilities that make its graphics processing units ideal for rendering images also made them a perfect solution for AI's data processing needs. NVIDIA's DGX Station supercomputer combines this capability with the distinct advantage of being able to process data in remote locations, where reliable internet may not be available. This can be particularly useful when dealing with conditions found on offshore rigs and along distant oil and gas pipelines.
NVIDIA is bringing its AI to oil and gas. Image source: NVIDIA. This technology can be applied to visualize and make determinations from petabytes of well geography data, implement complex algorithms to locate subsurface faults, and use raw seismic data to speed up exploration. AI can also automate many of the data-centric processes that are necessary in the industry, such as aggregating and examining production volumes, analyzing sensor data, monitoring flow rates, calculating pump pressures, and evaluating temperature data. Until now, much of this information has been monitored and collected, but not analyzed.
Processing this data could provide a wealth of worthwhile and potentially valuable information for the industry. The average offshore drilling rig generates 50 terabytes of data per year from sensors, 10 terabytes of seismic data per survey, and 1.5 terabytes of pipeline inspection data for every 373 miles of pipe. Using AI, the companies are developing analytics that will result in actionable information.
An Untappd Frontier For Mac Pro
NVIDIA DGX Station AI supercomputer. More NVIDIA DGX Station AI supercomputer. Image source: NVIDIA. A data baron NVIDIA has made a surprising number of partnerships across a wide variety of industries in its quest to bring AI to the four corners of the world.
Those moves have been particularly lucrative for the company. In its, NVIDIA delivered record revenue of $2.9 billion, up 34% year over year, while its net income swelled to $1.12 billion, up 71% over the prior-year quarter.
Much of these gains were driven by the company's data-center segment, which houses revenue from AI. Those AI-related sales doubled year over year and now account for over 20% of NVIDIA's total revenue. The continued adoption of AI across a variety of industries will probably continue to bolster the company's results for the foreseeable future. More From The Motley Fool.
has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends NVIDIA. The Motley Fool is short shares of General Electric. The Motley Fool has a. Markit NYSE:RMD Score: Positive (93) 153 days at current score. Upgraded from Neutral on July 16th 2018 Summary This company ranked positively in all 3 IHS Markit categories and the Healthcare sector ETFs holding this stock are seeing positive inflows Bearish sentiment is low Economic output in this company's sector is expanding Short interest Positive Short interest is extremely low for RMD with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting RMD.
FX Empire Bitcoin closed out the day flat on Saturday, with just a 0.05% rise, following Friday’s 2.16% fall, to end the day at $3,283.3. It was a choppy day for Bitcoin, with an early move to a morning intraday high $3,324.2 coming up short of the day’s first major resistance level at $3,376.6 before hitting reverse. Bitcoin slid through the late morning and early afternoon to an intraday low and new swing lo $3,215.2, coming within range of the first major support level at $3,205.4 before recovering to an afternoon high $3,313.7. Motley Fool One big project Kinder Morgan Canada was broken off from Kinder Morgan, which controls 70% of the voting rights in the Canadian company, in mid-2017 to own a small collection of midstream assets and one very large capital project. The Trans Mountain Pipeline project is a multibillion-dollar investment that would have taken years to complete and would have materially increased Kinder Morgan Canada's scale. The only problem is that residents and local governments don't particularly want to see the Trans Mountain Pipeline project completed.
Associated Press Volkswagen, which last year vied for the title of world's largest carmaker, says it is on track to beat that performance with a new annual sales record — despite trouble getting vehicles certified for new European emissions tests. Sales head Christian Dahlheim said Friday that 'we are confident' 2018 will end with a figure slightly above the previous record from 2017, when the company sold 10.74 million vehicles. November sales figures left Volkswagen with 9.92 million vehicles sold during the first 11 months. Markit NYSE:DIS Score: Negative (18) 11 days at current score. Downgraded from Neutral on December 5th 2018 Summary This company ranked positively in 3 out of 4 IHS Markit Categories but negatively compared to the Consumer Services sector Perception of the company's creditworthiness is negative ETFs holding this stock are seeing positive inflows Bearish sentiment is low Economic output in this company's sector is expanding Short interest Positive Short interest is low for DIS with fewer than 5% of shares on loan. Motley Fool Many of the world's largest technology companies have turned some of their attention toward augmented reality (AR) over the past few years.
It's been a subtle shift for many of them, but there's a good reason AR is garnering more attention: the market will be worth about $90 billion by 2022. AR devices, apps, games, and services aren't prevalent right now, but recent moves by Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and NVIDIA (NASDAQ: NVDA) could change how quickly this tech becomes ubiquitous. Bloomberg China, which resumed buying U.S.
Soybeans this week after trade tensions eased, is now seeking to buy the oilseed at lower prices, according to traders involved in the process. Buyers from China, the world’s top soybean importer, on Friday bid for American supplies at lower prices than when purchases were concluded earlier this week, said the traders, who asked not to be identified because the negotiations are private. The traders have yet to see any bids for U.S. Corn from the Asian country, they said.