SLB Stock Recent News

SLB partners with NVIDIA to develop AI solutions for the energy sector, enhancing exploration, production, data management, and sustainable energy initiatives.

MONACO--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry. The collaboration accelerates the development and deployment of industry-specific generative AI foundation models across SLB's global platforms, including its Delfi™ digital platform and Lumi™ data and AI platform, by leveraging NVIDIA NeMo™, part of the NVIDIA AI Enterprise software platform, to develop.

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SLB launches the Lumi platform, integrating advanced AI across energy workflows. This helps improve decision-making skills and drives operational efficiencies.

SLB CEO Olivier Le Peuch joins 'Squawk Box' to discuss the state of the global energy market, impact of AI on the energy industry, the company's continued presence in Russia, and more.

Successful Operation at SLB's Clayton Valley, Nevada Demonstration Plant SAN DIEGO , Sept. 11, 2024 /PRNewswire/ -- Today, ILiAD Technologies, LLC celebrates the use of its direct lithium extraction (DLE) technology at scale at SLB's (NYSE: SLB) Clayton Valley Demonstration Plant, producing high-purity, battery-grade lithium.

HOUSTON--(BUSINESS WIRE)--SLB today announced it has proven its solution for sustainable lithium production at scale at its demonstration plant in Clayton Valley, Nevada, to accelerate responsibly-sourced lithium products to market. The proprietary integrated solution combines SLB's subsurface expertise with surface engineering of advanced technologies that include direct lithium extraction (DLE). It produces lithium 500 times faster than conventional methods while using only 10 percent of the.

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Considering the unpredictability and volatility of the energy space, we advise focusing on broker-favored stocks like SLB, Valero Energy and Targa Resources.