Page 39 - SAMENA Trends - September 2023

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REGIONAL NEWS

Partnership to Launch UAE as the World's First AI Nation

Mark AB Capital, a leading investment development initiatives to foster innovation partnership signifies a pivotal moment in
firm, and Blaize, a cutting-edge artificial in AI technologies, ensuring the remains the history of technology and investment.
intelligence (AI) technology company, at the forefront of AI advancements. AI The has demonstrated its commitment to
have joined forces to embark on an ambit Talent Development: Mark AB Capital and embracing AI, and our collaboration with
journey following the vision of His Highness Blaize are committed to nurturing local Blaize will propel towards achieving this
Sheikh Mohammed bin Zayed Al Nahyan talent in AI through educational programs ambit goal. We look forward to making
the President of the United Arab Emirates and initiatives, building a skilled workforce a beacon of AI excellence for the world
(UAE), to establish the world's first AI capable of driving the AI nation's growth. to admire.” Dinakar Munagala, CEO of
nation. This transformative partnership is AI Governance and Ethics: The collaboration Blaize, expressed his enthusiasm about
set to usher in a new era of technological will also prioritize the development of robust the partnership, saying, “We are thrilled to
innovation and sustainable development AI governance and ethical frameworks to partner with Mark AB Capital to embark on
in the UAE. Under the visionary leadership ensure the responsible and ethical use of this remarkable journey. Our AI technology
of His Highness Sheikh Mohammed bin AI technologies across the nation. has the potential to revolutionize every
Zayed Al Nahyan, the has consistently His Highness Sheikh Mohammed bin aspect of life in the UAE, from healthcare to
demonstrated its commitment to becoming Zayed Al Nahyan's vision for the as the education and beyond. Together with Mark
a global technology and innovation hub. world's first AI nation represents an AB Capital, we are committed to making the
This strategic collaboration between unwavering commitment to leveraging first AI nation, setting a global precedent
Mark AB Capital and Blaize represents a AI to improve the lives of citizens and for AI innovation.” This partnership
significant milestone in the UAE's quest to residents while creating a sustainable and between Blaize and Mark AB Capital marks
lead the world in AI-driven advancements. prosper future. This partnership with Mark a historic milestone in the journey toward
The partnership between Mark AB Capital AB Capital and Blaize aligns seamlessly creating the world's first AI nation. As
and Blaize will soon utilizing Blaize's state- with this vision, promising to accelerate the the takes bold steps to lead in the era of
of-the-art edge AI technology that has forty- UAE's journey towards becoming a global artificial intelligence and sets the stage for
seven pioneering patents that underpin AI leader. Commenting on this historic a brighter, technologically advanced future
their cutting-edge solutions. Adding to collaboration, Abdullah Mohamed Al for the nation.
Blaize's prowess is their strategic backing. Qubaisi, CEO of Mark AB Capital, said, “This
They have garnered support from industry
giants and visionary investors like Franklin
Templeton, Toyota, Temasek, Daimler and
Samsung that recognize the company's
potential to shape the future of AI and
edge computing. This initiative aims to
enhance vivisectors including healthcare,
transportation, education, finance, and
more, through the power of artificial
intelligence.
Key objectives of this groundbreaking
partnership include:
AI Infrastructure Development: Mark AB
Capital and Blaize will work together to
build the critical AI infrastructure required
for the development and deployment
of AI solutions across the UAE. This
infrastructure will serve as the foundation
for the AI nation.
Research and Development: The partnership
will invest in cutting-edge AI research and

39 SEPTEMBER 2023