logo
Qatar partners with Ardian, Silian to build AI and semiconductor hub

Qatar partners with Ardian, Silian to build AI and semiconductor hub

The Investment Promotion Agency Qatar (Invest Qatar), Ardian, a world-leading private investment house, and Silian Partners, a strategic and operational value creation firm specialised in the global semiconductor industry, announced a partnership to collaborate on AI and semiconductors.
The initiative aims to contribute to driving digital innovation and to developing strategic technologies in the country.
The three will work together to attract companies in the AI and semiconductor technology ecosystems to explore opportunities and establish operations in the country.
In line with these efforts, Silian Partners will establish an office in Qatar to bring significant semiconductor industry capabilities to the country.
As part of the partnership, Invest Qatar will facilitate connections between Ardian Semiconductor's portfolio companies and local stakeholders, as well as provide aftercare services for current investors.
The collaboration is poised to introduce various initiatives to support the long-term growth of the technology sector in the country, such as joint seminars, workshops and conferences to facilitate knowledge sharing and networking.
The investment promotion agency will also work closely with Ardian and Silian Partners to organise exploratory fact-finding trips for related companies to learn more about the country's business environment and to experience the country's high quality of life.
Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said the partnership with Ardian and Silian Partners exemplifies Qatar's commitment to attracting investment in enabling clusters such as IT & digital in line with its Third National Development Strategy.
'By combining Qatar's world-class digital infrastructure and significant investments in RDI with Ardian's proven and successful private equity capabilities and Silian Partner's deep semiconductor industry experience and expertise, we are paving the way to further enhance Qatar's position as a global hub for innovation and piloting new technologies,' he said.
Jan Philipp Schmitz, Executive Vice President, Ardian, said the collaboration marks a significant milestone in the company's shared commitment to fostering AI and semiconductor ecosystems in Qatar and the wider region.
'Ardian Semiconductor, our pioneering private equity platform, will serve as a catalyst for digital innovation and strategic technology development in the region,' he said.
Paul Boudre, CEO, Co-Founder & Partner, and Thomas Pebay-Peyroula, Co-Founder & Partner, Silian Partners, said they are excited to announce that they will locate their global strategy team in Qatar.
'Our team in Doha will carry out high-value-added semiconductor industry research and analysis, which is essential to underpin the investment strategy of the Ardian Semiconductor platform and support portfolio companies in their strategic positioning and growth,' they said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Virtual companions, chatbot-therapists: Is AI replacing human connections?
Virtual companions, chatbot-therapists: Is AI replacing human connections?

Khaleej Times

time16 minutes ago

  • Khaleej Times

Virtual companions, chatbot-therapists: Is AI replacing human connections?

I was listening to the radio on my way to work when a well-known RJ on one of the channels here in the UAE mentioned how she couldn't sleep the previous night, so she chatted with ChatGPT until she finally drifted off. The point of mentioning this isn't to debate insomnia remedies (as the show did), but to highlight something deeper — our growing emotional and cognitive reliance on digital solutions. While social media platforms offer 'free' services quietly shaping our behaviours, the market constantly convinces us we need the latest smartphone, algorithms trap us in filter bubbles, feeding us only what aligns with our existing views. And now, artificial intelligence (AI) chatbots and virtual companions are being designed to fulfill human desires, companionship, validation, and even therapy. Yet as a society, we are experiencing a disconnect like never before. The question is no longer just whether technology is replacing human connection, but how much of our emotional lives we are willing to outsource. As loneliness surges, so do our efforts to fight it. It's instinct. With digital platforms around us so much of the time, we naturally turn to it. A 46-year-old woman living in a family-friendly neighbourhood shared her struggle with loneliness on social media. People had plenty of solutions, including making an AI friend. A growing number of AI-powered virtual companions are now available online, offering round-the-clock support without fear of judgment. These digital assistants have become a valuable resource for individuals hesitant to share their emotions and concerns with others due to social anxiety or fear of criticism. These services aren't just for early adopters anymore, they are going mainstream fast. Among them, Replika has gained significant attention and popularity. Marketed as 'the AI Companion who cares, always here to listen and talk, always on your side', the app's reassuring message has resonated with users. Several reputable news outlets have featured the program as well. Social media apps promote connectivity, but studies show that regular users frequently experience loneliness, indicating that the sense of connection may be superficial. The benefits of AI characters come with significant risks, particularly for adolescents. Emotional dependency on AI can erode real-world social interactions and coping skills, potentially isolating users from familial and communal networks. AI remembers every detail of the conversation and gives the illusion of being a sincere friend, says Dr Jihene Mrabet, a psychologist with academic expertise in AI. She elaborates that these mental health applications are capable of diagnosing psychological issues and even providing coaching advice. 'However, the concern is always about to what extent one can rely on these chatbots, since we don't know who is behind the technology, what their understanding of human psychology is, or how confidentiality is maintained in such interactions. We do not even know if the designers have proper guardrails,' Dr Jihene explains. A Florida mother, Megan Garcia, is holding AI accountable for her 14-year-old son's death. In a lawsuit against the company, Garcia alleges deeply personal AI exchanges contributed to her son's suicide. She's demanding accountability to shield other families from similar devastation. As we increasingly turn to AI for companionship, we must ask: Are we creating a world where technology replaces human connection. And if so, at what cost? Developers, policymakers, and mental health experts must collaborate to enforce ethical safeguards, especially for vulnerable users.

Over 1.67million pilgrims performing Hajj in Saudi Arabia: GASTAT
Over 1.67million pilgrims performing Hajj in Saudi Arabia: GASTAT

Arabian Business

timean hour ago

  • Arabian Business

Over 1.67million pilgrims performing Hajj in Saudi Arabia: GASTAT

1,673,230 pilgrims are performing Hajj 1446 AH in Saudi Arabia, according to the General Authority for Statistics (GASTAT). According to GASTAT, 1,506,576 pilgrims arrived from outside Saudi Arabia, while 166,654 pilgrims are from within the Kingdom, including both citizens and residents. Hajj 2025 by the numbers: Total pilgrims: 1,673,230 International pilgrims: 1,506,576 Domestic pilgrims (citizens and residents): 166,654 Male pilgrims: 877,841 Female pilgrims: 795,389 Hajj in Saudi Arabia How pilgrims arrived: Airports: 1,435,017 Land border crossings: 66,465 Seaports: 5,094 These figures were compiled using administrative records from the Ministry of Interior, part of a standardised statistical model that GASTAT has successfully implemented over the past five years. This method ensures high accuracy, reliability, and consistency in Hajj statistics reporting. As the Kingdom's official statistical authority, GASTAT is the exclusive provider of official statistics in Saudi Arabia and is entrusted with overseeing all national statistical activities, including technical supervision, conducting field surveys and research, data analysis, and managing the documentation, preservation, and tabulation of statistical information across all sectors of life in the Kingdom.

Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes
Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes

Arabian Business

timean hour ago

  • Arabian Business

Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes

LYNEports and AeroVecto have signed deal to plan hybrid electric VTOL aircraft in Oman. AeroVecto's flagship aircraft, Shuttle, is designed to redefine public transportation in Oman and the wider GCC region. Prioritising passenger capacity and comfort, Shuttle is poised to transform how people move within and between cities, ushering in a new era of clean, efficient, and scalable urban air mobility. eVTOL in Oman Through this partnership, LYNEports will support the planning and simulation of AeroVecto's Shuttle network, ensuring that every site is designed with aviation-grade safety, operational feasibility, and regulatory compliance in mind. Leveraging LYNEports' AI-powered platform, AeroVecto will be able to assess optimal locations, simulate flight paths, and visualise integrated transport networks to accelerate AAM adoption across Oman. Rasha Alshami, CEO of LYNEports, said: 'We're excited to support AeroVecto in bringing their innovative vision to life. Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe, and well-planned from day one.' Fahad Al Riyami, CEO of AeroVecto, said: 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region. 'We are excited to partner with LYNEports to advance vertiport planning and route optimisation of the Shuttle network, enabling efficient urban air transport for the masses.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store