KBR announces investment in, partnership with Applied Computing

KBR (KBR) announced a strategic investment in UK-based Applied Computing. As part of the investment, KBR has also secured a board position in the company. KBR and Applied Computing have also entered into a multi-year joint development agreement to co-create exclusive AI products for the energy sector. The companies will integrate Applied Computing’s proprietary Orbital foundational model with KBR’s licensed process technologies, domain expertise in capital projects and supply chains to deploy and develop new technologies across the full energy lifecycle.