ExpectAI: Former BP CEO Bernard Looney Chairs AI Firm to Drive Sustainability
Portfolio - People | Mar 04, 2025 | Business Cloud
Software development firm ExpectAI has appointed Bernard Looney, the former CEO of BP, as the new chairman of the board. Looney, who also chairs Prometheus Hyperscale, brings over 30 years of experience in the energy sector. He will work closely with CEO Dr. Anand Verma to drive the firm's global expansion, starting with the UK market where sustainable growth is anticipated to be worth £37 billion annually by 2030. ExpectAI aims to harness artificial intelligence to help small-to-medium-sized enterprises (SMBs) make data-driven decisions that reduce costs and emissions. This aligns with their mission of achieving higher profits and lower emissions. Looney's appointment comes as ExpectAI prepares for a growth funding round in Q2 and plans for U.S. expansion later in the year. Both Looney and Verma share a vision of using AI to help the world's 330 million SMBs grow sustainably and profitably.
Sectors
- Artificial Intelligence
- Energy
- Software Development
Geography
- United Kingdom – ExpectAI is based in London and plans to start its global expansion from the UK, which is expected to see significant growth in green industries.
- United States – ExpectAI has plans to expand into the U.S. market later in the year, highlighting its strategic geographical focus.
Industry
- Artificial Intelligence – ExpectAI specializes in leveraging AI technology to drive sustainable practices and decision-making for SMBs globally.
- Energy – Bernard Looney's background in the energy sector, combined with ExpectAI's focus on reducing emissions through AI technology, positions the company within this industry.
- Software Development – ExpectAI is a software development firm focusing on creating AI-driven solutions for businesses, making software development a key industry.
Financials
- £37 billion – The expected annual worth of the green growth market in the UK by 2030.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ExpectAI | Target Company | Company | A London-based software development firm focusing on AI solutions for sustainable business practices. |
| Bernard Looney | Chairman | Person | Former CEO of BP, now serving as the chairman of ExpectAI and Prometheus Hyperscale. |
| Dr Anand Verma | CEO | Person | Founder and CEO of ExpectAI, instrumental in the firm's mission to use AI for sustainable economic growth. |
| Prometheus Hyperscale | Other Company | Company | A company chaired by Bernard Looney, involved in hyperscale operations. |