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TotalEnergies forms AI partnership with French startup Mistral
June 12 (Reuters) - French oil major TotalEnergies (TTEF.PA), opens new tab and French startup Mistral will partner to boost the application of artificial intelligence (AI), the two companies said on Thursday. The collaboration will establish a joint innovation lab focused on AI bringing together experts from both companies, the companies said in a statement. Reporting by Gianluca Lo Nostro Editing by Tomasz Janowski Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial IntelligenceExploration & ProductionFuel Oil
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TotalEnergies forms AI partnership with French startup Mistral
TotalEnergies has partnered with French AI startup Mistral to develop digital tools aimed at boosting energy efficiency, reducing emissions, and improving operations. The collaboration includes creating an AI assistant for project development and customer support, reinforcing Europe's technological ecosystem and Total's ongoing AI integration efforts.French oil major TotalEnergies has partnered with artificial intelligence (AI) startup Mistral to build digital tools it hopes will boost the performance of its energy business and industrial assets, boost energy efficiency and reduce its environmental impact, it said on Thursday. The collaboration has already begun, with teams meeting at both companies' existing sites. No physical laboratory is planned, a TotalEnergies spokesperson said. Mistral will work with Total to develop an AI-powered assistant to help the energy company develop new projects, suggest decisions on running industrial sites to reduce emissions, and improve customer support solutions to help clients save energy, according to a statement. "AI has huge potential to transform energy systems ... This deal reflects our intention to contribute to the emergence of a technological ecosystem in Europe," TotalEnergies CEO Patrick Pouyanne said in a statement. Earlier this week, Mistral launched Europe's first AI reasoning model, which uses logical thinking to create a response, as the French startup tries to keep pace with U.S. and Chinese rivals at the forefront of AI development. Total has been formally collaborating with outside AI startups since 2022, when it launched a program meant to find solutions to improve the profitability of its electricity business. Those partnerships have ranged from algorithm-based predictive maintenance of wind turbines, to optimization of its electricity trading based on advanced weather models, and more precise digital planning of future renewable farms. The energy firm has also experimented with Microsoft's Copilot, a conversational AI-powered assistant, by granting employees access for six months to determine what uses were most helpful, Pouyanne said at the AI Action Summit in Paris in February.
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TotalEnergies to Collaborate with Mistral AI to Increase the Application of Artificial Intelligence in its Multi-Energy Strategy By Investing.com
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and the French company Mistral AI are announcing a collaboration to accelerate artificial intelligence (AI) innovation in support of the Company's multi-energy strategy, especially in low-carbon energies. A shared AI innovation lab Under the terms of the partnership, a joint innovation lab will be set up, staffed by teams from both companies. Mistral AI will contribute its AI technologies and TotalEnergies will contribute its expertise in the production of energy, particularly renewable, low carbon energy, in order to test and design advanced digital solutions. The first use cases will allow the Company to: The lab will also test digital solutions for other use cases, especially renewable energy production. In view of the issue of digital sovereignty in Europe, the partners will jointly examine opportunities for TotalEnergies to adopt AI infrastructure. TotalEnergies and AI, a major pillar of its technological ambition The deal reflects TotalEnergies' decision to leverage digital technology and artificial intelligence to improve performance at its industrial facilities and support its transition. In the past, TotalEnergies has mainly used artificial intelligence in earth science and to improve predictive maintenance or detect any issues with the machinery in its facilities. AI now plays a vital role for the Company, helping develop new opportunities, especially in the production of renewables, reduction of CO2 emissions and the development of innovative services that allow its customers to control and optimize their energy use. TotalEnergies' Digital Factory, which is celebrating its fifth anniversary this year, has 300 developers, data scientists and other digital experts, and has already developed over a hundred solutions, sixty of which harness technologies ranging from machine learning to generative AI. We are delighted to work with Mistral AI, a leading French player in artificial intelligence. This deal reflects our intention to contribute to the emergence of a technological ecosystem in Europe, and will allow us to explore new opportunities to further embed AI into our activities. AI has huge potential to transform energy systems, and this partnership was motivated by our pioneering spirit and ongoing search for innovation, said Patrick PouyannΓ©, Chairman and CEO of TotalEnergies. This partnership illustrates the positive impact generative AI can have on a sector as strategic as that of TotalEnergies. By dedicating our AI solutions and experts to the R&D effort, the operational teams and, ultimately, the Company's customers, we are contributing to improved operations and the digital transition of this global energy giant, said Arthur Mensch, Chief Executive Officer at Mistral AI. About Mistral AI Mistral AI is a pioneer company in generative artificial intelligence, empowering the world with the tools to build and benefit from the most transformative technology of our time. The company democratizes AI through high-performance, optimized, and cutting-edge open-source models, products and solutions. Headquartered in France and independent, Mistral AI defends a decentralized and transparent approach to technology, with a strong global presence in the United States, United Kingdom, and Singapore. About TotalEnergies TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. The terms TotalEnergies, TotalEnergies company or Company in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words we, us and our may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator AutoritΓ© des MarchΓ©s Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC). View source version on businesswire.com: https://www.businesswire.com/news/home/20250611991378/en/ TotalEnergies Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR Relations Investisseurs : +33 (0)1 47 44 46 46 l ir@totalenergies.com
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TotalEnergies to Collaborate with Mistral AI to Increase the Application of Artificial Intelligence in its Multi-Energy Strategy
TotalEnergies and the French company Mistral AI are announcing a collaboration to accelerate artificial intelligence (AI) innovation in support of the Company?s multi-energy strategy, especially in low-carbon energies. Under the terms of the partnership, a joint innovation lab will be set up, staffed by teams from both companies. Mistral AI will contribute its AI technologies and TotalEnergies will contribute its expertise in the production of energy, particularly renewable, low carbon energy, in order to test and design advanced digital solutions. The first use cases will allow the Company to: design an assistant for its 1,000 researchers to support them in their mission to develop new energies and reduce the Company's environmental footprint; evelop decision-support solutions to enhance the performance of its industrial assets and lower its CO2 emissions. implement support solutions aimed at improving the customer experience and helping them save energy. The lab will also test digital solutions for other use cases, especially renewable energy production. In view of the issue of digital sovereignty in Europe, the partners will jointly examine opportunities for TotalEnergies to adopt AI infrastructure. The deal reflects TotalEnergies? decision to leverage digital technology and artificial intelligence to improve performance at its industrial facilities and support its transition. In the past, TotalEnergies has mainly used artificial intelligence in earth science and to improve predictive maintenance or detect any issues with the machinery in its facilities. AI now plays a vital role for the Company, helping develop new opportunities, especially in the production of renewables, reduction of CO2 emissions and the development of innovative services that allow its customers to control and optimize their energy use. TotalEnergies? Digital Factory, which is celebrating its fifth anniversary this year, has 300 developers, data scientists and other digital experts, and has already developed over a hundred solutions, sixty of which harness technologies ranging from machine learning to generative AI.
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TotalEnergies, a major French oil company, has formed a partnership with Mistral AI, a French artificial intelligence startup, to accelerate AI innovation in support of TotalEnergies' multi-energy strategy, focusing on improving energy efficiency, reducing emissions, and enhancing operations.
French oil major TotalEnergies has announced a groundbreaking partnership with Mistral AI, a French artificial intelligence startup, to accelerate AI innovation in support of TotalEnergies' multi-energy strategy 1. This collaboration marks a significant step in the energy sector's digital transformation, focusing on leveraging AI to enhance energy efficiency, reduce emissions, and improve overall operations.
Source: Reuters
At the heart of this partnership is the establishment of a joint innovation lab, bringing together experts from both companies 2. Mistral AI will contribute its cutting-edge AI technologies, while TotalEnergies will provide its extensive expertise in energy production, particularly in renewable and low-carbon energy sources. This synergy aims to test and design advanced digital solutions for various applications in the energy sector.
The partnership has outlined several primary objectives:
Develop an AI assistant to support TotalEnergies' 1,000 researchers in their mission to develop new energies and reduce the company's environmental footprint 3.
Create decision-support solutions to enhance the performance of industrial assets and lower CO2 emissions.
Implement support solutions aimed at improving customer experience and helping clients save energy.
Explore digital solutions for renewable energy production and other use cases within TotalEnergies' operations.
Source: Economic Times
This partnership is not TotalEnergies' first foray into AI. The company has previously utilized AI in earth science, predictive maintenance, and machinery issue detection 4. TotalEnergies' Digital Factory, celebrating its fifth anniversary, boasts 300 digital experts and has already developed over 100 solutions, with 60 harnessing advanced technologies from machine learning to generative AI.
The collaboration between TotalEnergies and Mistral AI also aims to contribute to the emergence of a robust technological ecosystem in Europe. Patrick PouyannΓ©, Chairman and CEO of TotalEnergies, emphasized the partnership's role in exploring new opportunities to embed AI into their activities while supporting European technological sovereignty 3.
Mistral AI, a pioneer in generative artificial intelligence, sees this partnership as an opportunity to demonstrate the positive impact of AI in strategic sectors. Arthur Mensch, CEO of Mistral AI, highlighted their commitment to contributing to the improved operations and digital transition of TotalEnergies through their AI solutions and expertise 3.
This collaboration between TotalEnergies and Mistral AI represents a significant step towards integrating advanced AI technologies into the energy sector. As the partnership progresses, it has the potential to drive innovation in renewable energy production, emissions reduction, and energy efficiency, ultimately contributing to the global transition towards more sustainable energy systems.
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