If Oil & Gas used AI on Wellheads

"If you put an AI operator on the wellhead, you increase production by 18%. That's the kind of arbitrage where infinite capital should be flowing in. So why isn't it happening?"

Josh Malate, Co-Founder and President of Ultimarii, on why AI adoption in heavy industry isn't moving at the speed the math suggests it should.

From the Tech Thursday panel "How Energy and Mining Can Lead AI Adoption in Canada," recorded April 30th, 2026. Featuring Keri Lee (Blue Marvel AI), John Mortimer (Geologic AI), and Josh Malate (Ultimarii). Moderated by Philippe Burns.

Read the recap: calgarytech.substack.com

#CanadianTech #AI #EnergyTech #VentureCapital #StartupFunding

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