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Aramco Plans to Invest USD 100M in KAUST to Boost Advanced Research

Aramco Plans to Invest USD 100M in KAUST to Boost Advanced Research

– Saudi Aramco and King Abdullah University of Science and Technology (KAUST) will invest $100 million over 10 years to advance research in energy transition, sustainability, materials innovation, and digital solutions.

– The partnership includes the creation of a technology consortium, Enercomp, focused on improving non-metallic and composite materials for energy applications.

– KAUST recently received a $100,000 research grant from Google to support work in multilingual machine learning and large language models.

Saudi Aramco, the largest oil producer globally, and King Abdullah University of Science and Technology (KAUST) are set to invest $100 million in research and development over the next decade.

The funding will support projects centered on energy transition, sustainability, materials innovation, upstream technologies, and digital solutions, aiming to deliver both environmental and commercial advantages.

The collaboration will also focus on developing sustainable technologies, including carbon capture and storage, aligning with Saudi Arabia’s Vision 2030 to reduce the kingdom’s reliance on hydrocarbons.

Aramco has signed a five-year agreement with KAUST to form a technology consortium named Enercomp.

This initiative aims to enhance the performance and durability of non-metallic and composite materials used in energy applications.In addition, Google recently awarded KAUST a $100,000 research grant to advance studies in multilingual and multimodal machine learning and the development of large language models.

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