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EXCLUSIVE: Vivakor Partners With Neuralix To Bring AI To Midstream Energy, Eyes Industry-Wide Expansion - Vivakor (NASDAQ:VIVK)
Vivakor VIVK announced on Thursday that it had forged a deal with Neuralix to deploy Neuralix's advanced artificial intelligence (AI) technology across Vivakor's midstream operations. The companies also intend to establish a joint venture to co-market Neuralix's platform to third-party operators in the midstream energy sector. Neuralix, a Houston-based technology company, specializes in AI-driven digital transformation across energy, oil and gas, and manufacturing sectors. Also Read: Vivakor Sheds Water Transport Business To Refocus On Oil, Slashes $59 Million Debt Its proprietary platform leverages advanced analytics and machine learning to deliver predictive insights into energy flows, asset performance, and operational risk. The initial deployment will focus on optimizing Vivakor's core business functions, including transportation and route optimization involving dynamic routing to reduce fuel costs and emissions. It will also focus on AI-driven asset monitoring to minimize downtime and extend lifecycle performance. Finally, it will focus on real-time decision support for storage and remediation projects to improve service delivery and cost efficiency. The collaboration also outlines a phased roadmap to market the Neuralix AI platform to third-party midstream companies jointly, enabling wider industry adoption of predictive, sustainability-focused digital technologies. Vivakor CEO James Ballengee expects the partnership to allow Vivakor to optimize transportation while reducing carbon emissions. The companies expect to finalize the Joint Venture Agreement by year-end 2025. Price Action: VIVK stock is down by 3.00% at $0.7178 premarket at last check on Thursday. Read Next: Roblox Prepares Massive Age Verification Rollout That Parents Need To Know About VIVKVivakor Inc$0.7400-%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum9.74GrowthN/AQualityN/AValue37.89Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs
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Vivakor to collaborate with Neuralix to deploy Artificial Intelligence across Energy Midstream Operations
Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services. It is focused on developing, acquiring, accumulating, and operating assets, properties, and technologies in the energy sector. Its multi-state suite of facilities provides crude oil gathering, storage, transportation, reuse, and remediation services under long-term contracts. It owns a combined fleet of oilfield services in the continental United States. Its soil remediation services specialize in the remediation of soil and the extraction of hydrocarbons, such as oil, from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substances. Its technologies include Hydrocarbon Extraction Technology, Automation and Machine Learning, and Hydrocarbon Upgrading Technologies. The Hydrocarbon Extraction Technology is aimed at remediating contaminated soil and recovering usable hydrocarbons, which are used in its remediation plants.
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Vivakor and Neuralix collaborate to implement AI technology in midstream energy operations, aiming to optimize processes and expand industry-wide adoption.
Vivakor (NASDAQ:VIVK), an integrated provider of energy transportation, storage, reuse, and remediation services, has announced a groundbreaking partnership with Neuralix, a Houston-based technology company specializing in AI-driven digital transformation
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. This collaboration aims to deploy advanced artificial intelligence technology across Vivakor's midstream operations, potentially revolutionizing the energy sector.The partnership will focus on implementing Neuralix's proprietary AI platform, which leverages advanced analytics and machine learning to deliver predictive insights into energy flows, asset performance, and operational risk
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. The initial deployment will target three key areas of Vivakor's core business functions:Beyond the immediate benefits to Vivakor's operations, the collaboration outlines an ambitious roadmap for wider industry adoption of AI technologies
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. The companies plan to:James Ballengee, Vivakor's CEO, expressed optimism about the partnership's potential to optimize transportation while reducing carbon emissions
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Vivakor, Inc. is a multi-faceted company with a focus on the energy sector
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. Its operations include:The announcement of this partnership has had an immediate impact on Vivakor's stock performance. As of the last check on Thursday, VIVK stock was down by 3.00% at $0.7178 in premarket trading
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. However, the long-term implications of this AI integration could potentially transform not only Vivakor's operations but also set new standards for efficiency and sustainability in the midstream energy sector.As the energy industry continues to evolve, partnerships like this between established energy companies and innovative technology firms may become increasingly common, driving the sector towards a more efficient and environmentally conscious future.
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