Terra AI
Terra AI builds an AI platform for mineral and reservoir exploration that characterises deposits, models uncertainty and optimises drill targeting for exploration companies.
Terra AI builds an AI platform for mineral and reservoir exploration. Its system characterises deposits, models uncertainty and optimises drill planning for exploration companies, combining generative AI, foundation modelling and autonomous decision optimisation with geoscientific methods.
The Terra AI Platform fuses exploration data of different kinds into coherent multi-dimensional models, generates millions of custom simulations, and applies uncertainty modelling and drill targeting optimisation to select where to drill. The stated purpose is to reduce uncertainty in deposit characterisation and to design efficient and sustainable production plans. The technology is patented.
The company reports that its platform has helped secure over $100 million in investment for partners. It cites a 40% reduction in drilling campaign time and cost, and initial targeting under cover that is 90% more accurate. These figures are set against industry context: exploration projects succeed roughly once in 1,000 attempts, and the average exploration timeline runs to 17 years.
Terra AI works with what it describes as top explorers across mineral and reservoir exploration, mining and resources, geosciences, and clean energy and energy transition. The company is backed by Khosla Ventures, Rio Tinto and Climate Capital.