
Borouge to develop AI-powered autonomous operations to accelerate growth
ABU DHABI, 25th June, 2025 (WAM) -- Borouge Plc has announced its collaboration with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise plant operations in the UAE.
The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry's first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in petrochemicals.
Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, "Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge's competitive edge as we continue to deliver on our ambitious AIDT roadmap."
As part of the collaboration agreement, both companies will bring their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning algorithms.
George Bou Mitri, President of Honeywell Industrial Automation, Middle East, Trkiye, Africa, Central Asia, said, "By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale."
The initiative aims to deploy the proof-of-concept technologies to enhance Borouge's operations across its Ruwais facilities in the UAE.
The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575 million in value this year. In 2024, Borouge's diverse portfolio of over 200 AIDT initiatives-spanning operations, health and safety, sales, sustainability, and product innovation-generated $573 million in value.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
35 minutes ago
- Globe and Mail
Can CoreWeave Turn Weights & Biases Into a Competitive Advantage?
CoreWeave, Inc. CRWV has announced the acquisition of Weights & Biases, a leading AI developer platform, as part of its strategy to strengthen its leadership in high-performance AI cloud infrastructure. First announced in March 2025, the acquisition combines CoreWeave's powerful compute capabilities with Weights & Biases' suite of tools for model training, evaluation and monitoring—creating a unified, end-to-end platform for AI development. This integration is designed to accelerate AI innovation and enhance user productivity, while continuing to support flexible deployment across any infrastructure. The acquisition of Weights & Biases added a customer base of more than 1,400 organizations. Management believes this combination will unlock greater value for the shared customers. At the same time, it continued to raise the bar on performance, becoming the first to deploy GB200 Grace Blackwell systems at scale on an AI cloud platform, powering top AI innovators like Mistral, IBM and Cohere. Earlier this month, CoreWeave and Weights & Biases made their first joint product launch, showcasing the rapid integration and execution. Three major offerings were introduced, which aim to help AI teams develop, deploy and iterate faster by combining CoreWeave's cloud infrastructure with Weights & Biases' developer platform. The launch comprises Mission Control Integration, which helps AI engineers quickly diagnose and resolve training issues by linking infrastructure events to training runs; Weights & Biases Inference, enabling access to top open-source models through a single interface; and Weave Online Evaluations, which monitors production AI agent performance in real-time across any cloud. Together, these products create a seamless platform to accelerate innovation, improve efficiency and empower developers to scale cutting-edge AI solutions with confidence. For 2025, CoreWeave has guided revenues to be in the range of $4.9-$5.1 billion, fueled by surging AI-infrastructure demand. However, the company faces intense competition in the AI cloud space with Nebius Group N.V. NBIS and Microsoft Corporation MSFT. NBIS & MSFT's Recent Acquisitions in the AI Space CoreWeave's closest emerging competitor, Nebius, based in Amsterdam, is focusing on becoming a specialized AI infrastructure company. Unlike CoreWeave, Nebius has not pursued major acquisitions, but it has incubated a range of AI businesses. Its portfolio includes Toloka for data labeling and evaluation, TripleTen for tech education and Avride for autonomous driving technologies. In May 2025, Toloka secured $72 million in strategic funding led by Jeff Bezos's venture fund, underscoring the strength and potential of Nebius' in-house ventures. Nebius is betting on organic growth and vertical integration to build its position in the AI space. Microsoft continues to expand its AI infrastructure through partnerships and investments. In collaboration with the Wisconsin Economic Development Corporation, the University of Wisconsin-Milwaukee and TitletownTech, Microsoft launched an AI Co-Innovation Lab on the UWM campus. The company is also integrating cutting-edge open-source models like DeepSeek into Azure and GitHub. With its extended partnership with OpenAI and the growing adoption of Azure OpenAI and Microsoft Copilots across its enterprise suite, Microsoft is positioning Azure AI as the core platform for the AI era. The company has more than 60,000 Azure AI customers, up nearly 60% year over year. CRWV Price Performance and Estimates Internet Software industry 's growth of 6.6%. The Zacks Consensus Estimate for CRWV's earnings for 2025 has been unchanged over the past 30 days. CRWV currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Nebius Group N.V. (NBIS): Free Stock Analysis Report CoreWeave Inc. (CRWV): Free Stock Analysis Report This article originally published on Zacks Investment Research (


Globe and Mail
36 minutes ago
- Globe and Mail
Can Falcon for IT Help CrowdStrike Expand Beyond Cybersecurity?
CrowdStrike Holdings, Inc. CRWD is already a leader in cybersecurity, but its latest push into IT operations through Falcon for IT could take the company further. Falcon for IT is a unified security and IT operations platform designed to streamline endpoint management, automate tasks, and enhance security posture. The module, which is within the broader CrowdStrike Falcon platform, leverages AI and real-time insights to help organizations achieve better visibility, control, and faster response times across their IT environments. With more than 20 pre-built response actions, Falcon for IT's use cases extend beyond security investigations to include endpoint reporting, incident response, baseline enforcement and automated remediation. The platform is already showing early signs of growing adoption. In the first quarter of fiscal 2026, management noted that Falcon for IT replaced a legacy endpoint management tool as part of a nine-figure Falcon Flex expansion with a Fortune 100 technology firm. This deal also included Falcon Identity Protection and Next-Gen Security Information and Event Management. The Falcon platform currently has more than 30 modules, and the inclusion of Falcon for IT in a large Flex deal suggests that CrowdStrike's platform is extending its utility beyond core cybersecurity. By offering tools that handle security and IT operations on one platform, CrowdStrike simplifies the platform's usefulness, which helps it in grabbing new customers and retaining the existing ones. It also helps customers cut costs by reducing the number of separate tools they need to buy. This highlights how CrowdStrike continues to strengthen its platform and reflects the company's growing role in adjacent IT domains and not just cybersecurity. Falcon for IT may pave the way for CrowdStrike to expand into IT environments, which were traditionally outside the reach of pure-play cybersecurity vendors. How Competitors Fare Against CRWD Zscaler ZS and Palo Alto Networks PANW are also evolving their platforms to meet enterprise security demands. Zscaler continues to expand its Zero Trust Exchange platform. In the third quarter of fiscal 2025, Zscaler reported ARR of $2.9 billion, up 23% year over year. Zscaler's Zero Trust Everywhere, Data Security Everywhere, and Agentic Operations are becoming its main growth engine. Together, these innovative categories are approaching $1 billion in ARR and are growing faster than Zscaler's total ARR growth. Palo Alto Networks is doubling down on its platformization strategy. In the third quarter of fiscal 2025, PANW closed more than 90 net new platform deals. Moreover, the number of customers platformized on Cortex was up nearly three times, reflecting strong momentum with Palo Alto Networks' Extended Security Intelligence and Automation Management or XSIAM security operation platform. CRWD's Price Performance, Valuation and Estimates Shares of CrowdStrike have gained 47.9% year to date compared with the Security industry's growth of 23.8%. CRWD YTD Price Return Performance From a valuation standpoint, CrowdStrike trades at a forward price-to-sales ratio of 23.73X, slightly higher than the industry's average of 14.91X. CRWD Forward 12-Month P/S Ratio The Zacks Consensus Estimate for CRWD's fiscal 2026 earnings implies a year-over-year decline of 10.94%, while for fiscal 2027 earnings implies year-over-year growth of 34.68%. The estimates for fiscal 2026 and 2027 have been revised upward in the past 30 days. CrowdStrike currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report Zscaler, Inc. (ZS): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis Report This article originally published on Zacks Investment Research (


The Market Online
an hour ago
- The Market Online
AI Strikes Gold: How Technology Is Reshaping the Future of Mineral Exploration
Coreena Robertson, Expert Exchange Web Summit Vancouver 2025 It wasn't just software and startups making waves at Web Summit Vancouver. For the first time, The New Energy Track at the summit hosted its own stage in one of the world's most influential tech gatherings—with AI emerging as a powerful force reshaping how we discover the critical minerals that power the modern world. In Vancouver for the first time, the conference hosted over 15,000 people from 117 counties. Among the speakers leading this charge was Steve de Jong, CEO of VRIFY an AI-assisted mineral discovery platform. During his session titled 'Striking Gold in the Global Minerals Race' , de Jong emphasized that AI isn't just a buzzword—it's a game-changing tool in the race to secure the world's critical mineral supply. 'There's so much data that sits out there today,' de Jong said. 'There's a whole bunch of discoveries waiting to be made just sitting within that data… I think you're going to see an entire wave of AI discoveries in the very near future.' Steve de Jong, CEO VRIFY Mining Meets the Modern Age VRIFY is tackling a central challenge in the mining industry: mineral discovery is time-consuming, expensive, and often inefficient. Traditional exploration methods can take over a decade to result in a working mine. But AI is drastically accelerating that process. 'From discovery to building a mine, you'll often hear 15 years. We focus on making the discovery part as efficient as possible,' said de Jong. 'We want to get to a decision point quickly—either this isn't big enough or yes, it is.' Steve de Jong, CEO VRIFY By layering massive, complex datasets—from geochemistry to satellite imagery to historic drill records—AI can detect hidden correlations that the human brain simply can't compute. 'The human brain can process maybe four or five layers of data. AI can look at 52 layers—and millions of data points—and find the patterns that correlate with something like copper or gold,' he explained. The Myth of 'All the Easy Stuff Is Found' One of the most disruptive ideas de Jong presented was that many high-value mineral deposits may already be discovered—but hidden in plain sight. 'You often hear, 'All the easy stuff has been found.' We just fundamentally disagree,' said de Jong. 'Until very recently, we've never had the tools to squeeze every little bit of insight out of all the data that's been collected. That's changed now with AI.' He cited a powerful example from his time leading Integra Gold, where a massive gold deposit was found just two kilometers from two historic mines—missed for decades because it was hidden under a swamp. 'It turned out to be bigger than either of the two mines next to it. But because all the infrastructure was already there, the environmental impact and development timeline was minimal,' said de Jong. A Critical Tool in the Critical Minerals Race As countries scramble to secure domestic sources of lithium, copper, antimony, and other essential materials, AI-driven exploration is becoming not just a competitive advantage, but a geopolitical necessity. 'Every country in the world is waking up to the fact that they need to supply their own long-term critical mineral supply,' de Jong explained. 'Some of these elements—like antimony—were previously overlooked, but they're essential for things like batteries and defense.' He shared that VRIFY recently worked on a European project where re-analyzing existing data for antimony—a critical mineral often sourced from China—revealed a previously untapped opportunity. 'By literally changing one input in the AI model, we went from looking at gold to uncovering a whole new antimony potential. It's that simple—and that powerful.' A Tool for Investors, Not Just Geologists Beyond mining companies, investors are beginning to embrace AI as a due diligence tool. 'I'm not a geologist. And for a lot of investors, it's hard to keep up with the technical language,' de Jong admitted. 'But AI helps level the playing field. Think of it like an audit of a project's mineral potential.' He revealed that a mining investment fund recently enlisted Verrifi to analyze a prospective project before committing capital—an example of how AI is informing not only discovery but also decision-making. 'It's not about replacing the geology team,' de Jong clarified. 'It's about giving them more insight—and giving investors the confidence that every data point has been considered.' A New Era for Exploration With AI rapidly maturing and tools like Verrifi showing real-world impact, de Jong is optimistic that the mineral exploration sector is entering a transformative new phase. 'You can't look at today's AI with yesterday's eyes. This isn't the same tech from three years ago,' he said. 'I think we're in a new era of exploration—one that's more efficient, more sustainable, and more accessible.' Steve de Jong, VRIFY Everything we touch, everything we use—it all comes from the ground. And now, we finally have the tools to understand that better.' About the Author: This article was produced for the Expert Exchange following Web Summit Vancouver 2025. Coreena Robertson conducted the in-studio interview with Steve de Jong. Join the discussion: Check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.