Abu Dhabi-based tech startup Hub71, a part of the Dh50 million Ghadan 21 economic stimulus programme, is partnering with e& enterprise to establish a high-end AI Centre of Excellence, the first of its kind in UAE. This tech hub will be supported by the tech unicorn, DataRobot, via a three-year strategic contract. DataRobot, a widely used cloud platform, will launch its AI-as-a-service (AIaaS) in the region with the assistance of e& enterprise.
UAE is a large economy that is anticipated to reap benefits from AI adoption in the Middle East. As per research by the PwC Consultancy, the revolution in tech will add up to 14 per cent to the country’s GDP by 2030. It will contribute about $98B as the new AI centre aggregates start-ups, investors, and technology to develop new AI applications in predictive modelling for health care, financial services, industry, etc.
Badr Al Olama, Chief Executive of Hub71, said, “Immense potential in sectors that are of strategic importance to Abu Dhabi’s socio-economic growth.” He continued to explain that in support of the objectives mentioned in the UAE Centennial 2071, the focus would be on entrepreneurship, creativity, and innovation to develop technologies as a catalyst in diversifying the economy.
Salvador Anglada, Chief Executive of e& enterprise, said, “The AI Centre of Excellence, supported by our strategic partner DataRobot, will further progress our vision to be the leading digital enabler for our enterprise and government clients as we empower them to become data-driven and highly automated organisations.”
Start-ups can submit an application to the AI CoE to provide innovative solutions to problems that corporations and the government face. This can be done through Hub71’s incentive programme with e& enterprise as a partner.