Energy organizations stand on top of mountains of knowledge and unstructured data, but leveraging this data continues to be a tall ask. The recent remarkable advancements in Generative AI and Large Language Models (LLMs) position these technologies well to solve this problem. It is no surprise that when considering the impact of transformational technologies, Energy Industry CEOs rank Generative AI first in terms of expected value (IBM).Many organizations are experimenting with generic language models and prompt engineering, hoping to leverage their advanced capabilities for various industry applications. However, this approach often proves to be substandard. Generic language models, while powerful, are not tailored to the specific needs and complexities of the energy sector. They struggle to understand the unique vocabulary and intricate nuances that are crucial for effective communication and decision-making in this field. Additionally, relying on these models can become prohibitively expensive due to high computational resource demands. As a result, businesses may find themselves investing heavily without reaping the desired benefits. To truly harness the potential of AI, it is essential to leverage solutions built specifically for the industry.
At Bolo AI, we are committed to making AI work for the unique needs of the energy industry.
1) Energy Domain Model
We are the first and only company building a domain-specific LLM for the energy industry. This model is fine-tuned on a curated industry dataset covering over a hundred sources, including books, journals, articles, conferences, and blogs. The goal is for the model to truly understand the vocabulary of the industry so that when a user is using Bolo AI Answers, it is as seamless as conversing with a co-worker.
2) Energy Document Mastery
Not all documents are created equal, and this is especially true in the energy industry. Unique documents such as operating procedures, datasheets, schematics, etc. are integral to the sector. To effectively process these specialized documents, we are developing proprietary technology tailored to the energy industry’s needs. Our innovative approach encompasses document parsing, chunking, and vectorization techniques, which enable us to accurately dissect and interpret complex information. This meticulous processing ensures precise and reliable answers.
3) Team with Energy and AI Expertise
Our team combines direct energy industry experience with cutting-edge AI expertise. Having spent considerable time with boots on the ground in the energy sector, we understand the unique challenges and workflows of daily operations. This deep, practical knowledge, paired with our advanced AI skills, enables us to develop innovative solutions that seamlessly integrate into existing processes. By leveraging our dual strengths, we enhance operational efficiency and effectively meet the specific needs of energy professionals.
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Bolo AI — Making the Energy Industry Faster, Safer, and Better
