Codelco, Microsoft sign AI deal for mining operations

Chile’s state-owned Codelco, the world’s largest copper producer, and Microsoft signed a memorandum of understanding to evaluate joint initiatives in artificial intelligence, advanced analytics, automation and digital security, the miner ‌said ⁠on Thursday.

“This alliance with Codelco reflects the potential that artificial intelligence represents to advance development ⁠in the mining sector and Chilean market, facilitating safer, more efficient and sustainable operations with a focus on people, productivity and long-term value for the company and country,” said Tito Arciniega, president of Microsoft Latin America.