en.Wedoany.com Reported - Artificial intelligence company Terra AI has secured a $20 million investment from BHP Ventures to develop mineral exploration technology. The Khosla Ventures-backed firm has developed software that integrates geological, geophysical, geochemical, and drilling data to generate three-dimensional subsurface models of exploration projects. According to Terra AI, the technology helps users assess uncertainty and improve the accuracy of drill target positioning.

Terra AI CEO John Mern stated that explorers today face increasingly complex challenges, including rising project uncertainty and immense pressure to rapidly add new resource supplies. Mern added that the funding will enable the company to expand its generative models to meet the demand for critical minerals.

According to Terra AI, its software has been commercially deployed for gold, copper, and rare earth element projects. Additionally, the technology is being applied in carbon sequestration and geothermal development, where understanding subsurface uncertainty is crucial.

Laurel Buckner, Vice President of BHP Ventures, noted that successful exploration depends on reducing geological uncertainty and efficiently advancing opportunities.

Khosla partner Rajesh Swaminathan stated that the world's ability to discover and develop critical resources is fundamentally constrained by outdated, fragmented exploration. He believes Terra AI's technology will accelerate the development of global critical minerals.

Khosla is a venture capital firm that invests in early-stage companies in areas such as artificial intelligence, financial services, healthcare, consumer goods, enterprise software, and sustainability. Its portfolio includes OpenAI, Instacart, and DoorDash.

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