Nine in 10 executives said they have increased their spending on AI and digital infrastructure over the last year, even as potential bottlenecks like energy constraints and cybersecurity make adoption more pragmatic, according to a survey from ADNOC. The Abu Dhabi oil major partnered with Microsoft to get the views of 850 executives from places like TotalEnergies, OpenAI, and the International Energy Agency on trends at the intersection of AI and energy.
The findings tee up the third edition of ADNOC’s ENACT Majlis, to be hosted by Dr. Sultan Al Jaber, UAE minister of industry and advanced technology and ADNOC managing director and group CEO, in Abu Dhabi on Sunday, ahead of one of the world’s largest oil and gas exhibitions in the UAE capital next week. More than 100 executives and government officials are expected at the majlis, including US Interior Secretary Doug Burgum, ExxonMobil’s Darren Woods, and Microsoft’s Brad Smith.