ExxonMobil Alaska Infrastructure Update
ExxonMobil (NYSE: XOM) announced today that its Point Thomson project in Alaska has completed several construction milestones during this summer. Completed projects include a site airstrip, a permanent camp for workers, telecommunication systems, and power systems. Currently in construction are a service pier and a condensate export pipeline that will connect to the trans-Alaska system. Exxon has already installed 2,200 vertical pipeline supports and expects construction to conclude this winter.
Investing in Artificial Intelligence
From search engines to airplanes, artificial intelligence has become increasingly common over the last few decades. As computers have become more advanced, many companies are taking advantage of automated software programs that offer superior performance at a lower cost than their human counterparts. One of these innovative companies goes by the name Rocket Fuel, and is set to disrupt an entire industry with its cutting-edge AI platform. For more information on Rocket Fuel and its upcoming IPO, click here.