The Earth AI algorithms found critical minerals in the places that are ignored by everyone

Last summer, the emerging mining Copold Fog When she said she discovered in Zambia one of the largest copper deposits in the world for more than a decade.

Now, another emerging, Earth AITECHCRUNCH exclusively told its discovery: promising promising for critical minerals in parts of Australia that other mining clothes had been ignored decades ago. Although it is still unknown if it is large like Copold, the news indicates that the future supplies of critical metals are likely to appear from a set of field data analyzed by artificial intelligence.

“The actual real boundaries (in mining) are not as geographic as they are technology,” Roman Tesliock, founder and director of EART AI, told Techcrunch.

Earth AI has set deposits of copper, cobalt, and gold in the northern region, silver, molybdenum and tin at the last in New South Wales, 310 miles (500 km) northwest of Sydney.

Air AI appeared from postgraduate studies in Teslyuk. Teslyuk, born in Ukraine, was working towards a doctorate at the University of Sydney, where he became familiar with the mining industry in Australia. There, the government has the rights of mineral deposits, and leases it in six years. He said that since the 1970s, exploration companies have to send their data to a national archive.

“For some reason, no one uses them,” he said. “If I can build an algorithm that can absorb all of that knowledge and learn from the failures and successes of millions of geologists in the past, I can provide better predictions about the location of minerals in the future.”

Teslyuk Earth AI has started as a software company that focuses on providing predictions about possible deposits, then approaching customers who may be interested in exploring sites. But customers were reluctant to invest, in part, because they did not want to bet on millions of unintended technical predictions.

“Mining is a very conservative industry,” said Tesliock. “Everything outside the approved doctrine is a heresy.”

So Earth AI decided to develop its excavation equipment to prove that the sites that she identified were promising as its program suggested. The company has been accepted in the Y Combinator’s Spring 2019, and has spent the next few years improving its devices and programs. In January, AREM AI collected a chain of $ 20 million.

Although the company uses artificial intelligence to search for metals like CopoldTeslyuk says it takes a different tak. He said that the Earth Ai algorithms are trained to wipe the vast areas quickly and efficiently to find deposits that may have been ignored.

The way we are used to exploring minerals in the past, twenty^Y The century is very long. “It takes decades to find something, with the modern pace of the world, you cannot wait a long time,” Tesliock said.