Terra AI builds an AI platform for mineral and reservoir exploration. Its system uses patented AI to fuse exploration data into multi-dimensional models, characterise deposits, model uncertainty and optimise drill targeting. The technical work spans generative AI, foundation modelling, autonomous decision optimisation, uncertainty modelling, simulation and data fusion, applied to geosciences and subsurface modelling.
The company's exploration platform merges disparate exploration datasets into coherent multi-dimensional representations and generates millions of custom simulations to narrow the range of plausible deposit configurations. The stated aim is to improve decision-making in an industry where, by Terra AI's own citation of sector benchmarks, the exploration success rate is roughly 1 in 1,000 and the average timeline runs to 17 years.
Reported outcomes include a 40% reduction in drilling campaign time and cost and initial targeting under cover that is 90% more accurate. The company says its platform has helped partners secure over $100 million in investment. Verticals served include mineral exploration, oil and gas reservoir exploration, critical minerals, mining and the clean energy transition.
Terra AI works with major exploration companies and counts Rio Tinto among its strategic investors, alongside Khosla Ventures and Climate Capital. Founding year, team size and funding stage are not disclosed. Further information is available at terraai.com.
