Aramco (2222.SE) and IBM (NYSE:IBM) today announced their intended collaboration on opportunities to advance artificial intelligence, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.  The collaboration builds on a longstanding relationship and strong alignment around innovation, operational excellence, and solving complex, large-scale challenges.

The announcement was made at THINK Boston, IBM's global flagship event, in the presence of Arvind Krishna, Chairman and Chief Executive Officer of IBM, Sami Al Ajmi, Senior Vice President of Digital & Information Technology at Aramco, along with senior executives and other distinguished guests from industry, the public sector, and academia.

The collaboration will focus on exploring the creation of practical, high-impact solutions, combining IBM's enterprise-grade technology platforms, consulting industry expertise and research innovation capabilities with Aramco's vast scale of industrial operations, extensive data assets, and energy-specific expertise and knowledge built over 90 years. Together, the organizations will explore applications of AI, hybrid cloud, and advanced technologies across industrial and energy systems, including industrial AI use cases in mission-critical environments. These efforts aim to leverage the organizations' complementary strengths to unlock greater value and accelerate innovation at scale.