NYSE:KBRProfessional Services
KBR’s Applied Computing AI Deal Meets Depressed Valuation And Weak Momentum
KBR (NYSE:KBR) has entered a multiyear partnership with Applied Computing to co-develop exclusive AI products for the energy sector.
The agreement includes a board seat for KBR, integration of Applied Computing's Orbital foundation model, and the creation of proprietary digital tools.
This is KBR's first major investment in an artificial intelligence company, focused on operational efficiency, safety, and sustainability across its energy, chemical, and industrial businesses.
KBR enters this...