Latest news with #AshishKoshy
Tahawul Tech
20-03-2025
- Business
- Tahawul Tech
Inception and Scale AI announce strategic partnership to drive AI innovation globally
Inception, a G42 company developing AI-native products for enterprises and Scale AI, a leader in building frontier AI solutions, have announced a strategic partnership aimed at accelerating global AI adoption across the public and private sector. The partnership agreement was signed between Ashish Koshy, COO of Inception and Trevor Thompson, Global Managing Director at Scale AI. The collaboration brings together Inception's innovative AI product focus with Scale AI's broad model training expertise that will begin in the UAE, with plans to expand into additional international markets. Under the partnership, Inception and Scale AI will collaborate to build high-impact AI solutions that are focused on government, investment, corporate and healthcare use cases. To enable this, the companies will jointly create industry-specific evaluation datasets to help businesses and public sector entities understand the performance of their AI applications. Additionally, Scale AI will offer comprehensive post-training support, including Supervised Fine-Tuning (SFT) and Reinforcement Learning from Human Feedback (RLHF), for new large language models developed by Inception. 'This agreement marks another step in our commitment to advancing global AI innovation. Scale AI's broad expertise together with Inception's AI-native domain specific products will fast track product development, help enhance our offerings and pursue shared commercial opportunities. Furthermore, this agreement underscores our dedication to driving impactful change and creating value on a global scale,' said Ashish Koshy, COO of Inception. 'Together, Inception and Scale can accelerate the international adoption of AI by combining Scale's frontier AI expertise with Inception's commitment to the Global South and domain knowledge across government, investment and healthcare', said Trevor Thompson, Global Managing Director at Scale AI. Image Credit: Inception & Scale AI
Tahawul Tech
13-03-2025
- Business
- Tahawul Tech
The future of procurement is intelligent, autonomous and strategic
Ashish Koshy, Chief Operating Officer, Inception, discusses how AI-powered procurement is becoming a crucial driver of operational agility, supplier management, and enterprise efficiency. Artificial intelligence (AI) is transforming industries at an unprecedented pace, reshaping how businesses operate, make decisions, and create value. From healthcare to finance, AI-driven automation is driving efficiency, reducing costs, and unlocking new opportunities for innovation. One of the most profound areas of AI's impact is in enterprise operations, where businesses are leveraging AI to streamline processes and enhance strategic decision-making. Among these, procurement is emerging as a critical function undergoing radical transformation. Procurement has historically been seen as a back-office function primarily focused on cost-cutting and supplier negotiations. However, AI-driven solutions are changing the game, shifting procurement from a cost-saving mechanism to a strategic enabler of business success. As organizations embrace digital transformation, AI-powered procurement is becoming a crucial driver of operational agility, supplier management, and overall enterprise efficiency. The scale of this transformation is staggering. Studies have found that companies leveraging AI in procurement can reduce costs by up to 30% and shorten sourcing cycles by 25-50%. This is no longer a vision for the future—it is happening now. AI-native procurement solutions are redefining how enterprises source suppliers, negotiate contracts, and optimize spending, fundamentally reshaping the procurement landscape. The Shift to AI-Powered Autonomous Sourcing Traditional procurement processes have long been hindered by inefficiencies—manual sourcing, fragmented supplier management, and reactive cost-cutting measures. AI-powered autonomous sourcing is addressing these challenges by enabling enterprises to make smarter, faster, and more data-driven decisions. At Inception, we are at the forefront of this transformation. Our next-generation procurement product called (In)Business Procurement, seamlessly integrates with leading platforms like SAP, Coupa, and Oracle. It enables enterprises to identify the most reliable and sustainable suppliers, engage with them efficiently, and accelerate the awarding process. Our collaboration with Fairmarkit – a U.S.-based leader in procurement sourcing automation, and integrating it within Inception's AI-powered procurement product, will help enterprises globally to move beyond outdated procurement models. Instead of relying on manual processes, enterprises can unlock cost savings, boost efficiency, and ensure improved compliance throughout procurement operations with automated workflows and built-in regulatory checks that guarantee 100% compliance. Moving Beyond Cost-Cutting to Strategic Impact By embedding AI-powered sourcing into procurement ecosystems, businesses can enhance supplier diversity and relationship management by identifying and evaluating a broader range of suppliers, fostering more competitive and diverse sourcing strategies. They can optimize contract compliance and risk management through automated contract analysis, ensuring adherence to compliance requirements and reducing financial and reputational risks. Additionally, AI-powered analytics unlock predictive procurement intelligence, providing foresight into market trends and enabling enterprises to anticipate pricing shifts and supply chain disruptions. According to a study by Icertis, 90% of procurement leaders are expected to adopt AI agents by 2025. Additionally, Gartner predicts that by 2027, 50% of organisations will support supplier contract negotiations through AI-enabled tools. The growing reliance on AI underscores the urgency for businesses to embrace digital-first procurement strategies to stay ahead of the curve. The Road Ahead for AI in Procurement AI-driven procurement is no longer a futuristic concept—it is a business imperative. Organisations that embrace AI-native solutions will gain a significant competitive edge, driving efficiency, cost savings, and strategic impact across their supply chains. As procurement evolves from a transactional function to a value-driven enabler, enterprises must rethink their approach and integrate AI-powered sourcing into their core operations. Image Credit: Stock Image
Channel Post MEA
03-03-2025
- Business
- Channel Post MEA
Inception and Scale AI to Drive AI Innovation Globally
Inception and Scale AI have announced a strategic partnership aimed at accelerating global AI adoption across the public and private sector. The collaboration brings together Inception's innovative AI product focus with Scale AI's broad model training expertise. It will begin in the UAE and plan to expand into additional international markets. Under the partnership, Inception and Scale AI will collaborate to build high-impact AI solutions focused on government, investment, corporate, and healthcare use cases. To enable this, the companies will jointly create industry-specific evaluation datasets to help businesses and public sector entities understand the performance of their AI applications. Additionally, Scale AI will offer comprehensive post-training support, including Supervised Fine-Tuning (SFT) and Reinforcement Learning from Human Feedback (RLHF), for new large language models developed by Inception. 'This agreement marks another step in our commitment to advancing global AI innovation. Scale AI's broad expertise together with Inception's AI-native domain specific products will fast track product development, help enhance our offerings and pursue shared commercial opportunities. Furthermore, this agreement underscores our dedication to driving impactful change and creating value on a global scale,' said Ashish Koshy, COO of Inception. 'Together, Inception and Scale can accelerate the international adoption of AI by combining Scale's frontier AI expertise with Inception's commitment to the Global South and domain knowledge across government, investment and healthcare,' said Trevor Thompson, Global Managing Director at Scale AI. 0 0
Zawya
03-03-2025
- Business
- Zawya
Inception and Scale AI announce strategic partnership to drive AI innovation globally
Abu Dhabi, United Arab Emirates: Inception, a G42 company developing AI-native products for enterprises and Scale AI, a leader in building frontier AI solutions, have announced a strategic partnership aimed at accelerating global AI adoption across the public and private sector. The partnership agreement was signed between Ashish Koshy, COO of Inception and Trevor Thompson, Global Managing Director at Scale AI. The collaboration brings together Inception's innovative AI product focus with Scale AI's broad model training expertise that will begin in the UAE, with plans to expand into additional international markets. Under the partnership, Inception and Scale AI will collaborate to build high-impact AI solutions that are focused on government, investment, corporate and healthcare use cases. To enable this, the companies will jointly create industry-specific evaluation datasets to help businesses and public sector entities understand the performance of their AI applications. Additionally, Scale AI will offer comprehensive post-training support, including Supervised Fine-Tuning (SFT) and Reinforcement Learning from Human Feedback (RLHF), for new large language models developed by Inception. "This agreement marks another step in our commitment to advancing global AI innovation. Scale AI's broad expertise together with Inception's AI-native domain specific products will fast track product development, help enhance our offerings and pursue shared commercial opportunities. Furthermore, this agreement underscores our dedication to driving impactful change and creating value on a global scale.", said Ashish Koshy, COO of Inception. "Together, Inception and Scale can accelerate the international adoption of AI by combining Scale's frontier AI expertise with Inception's commitment to the Global South and domain knowledge across government, investment and healthcare.' said Trevor Thompson, Global Managing Director at Scale AI. About Inception Inception, a G42 company, builds AI-native products that leverage cutting-edge AI research, models, and systems applied to business problems. We pioneer domain-specific AI applications, to deliver AI-driven solutions, across languages and sectors. To learn more, please visit and follow us on LinkedIn, Instagram, X About Scale AI Scale is fueling the Generative AI revolution. Built on a foundation of high-quality data and human insight, Scale's proprietary Data Engine powers the world's most advanced models. Our years of deep partnership with every major model builder enables us to provide the roadmap for any organization to apply AI. Scale is trusted by industry leaders, including Meta, Google Deepmind, Microsoft, the U.S. Government, OpenAI and General Motors. For more information (Press only): info@
Zawya
19-02-2025
- Business
- Zawya
Inception and Fairmarkit join forces to transform enterprise procurement with AI-driven sourcing integration
Abu Dhabi, United Arab Emirates: Inception, a G42 company specializing in AI-native products, has signed a Memorandum of Understanding (MoU) with Fairmarkit, a U.S.-based leader in procurement sourcing automation. Signed at the IDC Middle East CIO Summit 2025, the collaboration will integrate Fairmarkit's AI powered autonomous sourcing technology into Inception's AI-powered procurement ecosystem. (In)Business Procuremen t, will transform enterprise sourcing across the Middle East and North Africa (MENA) region, providing a smarter, more efficient procurement framework. This MoU represents a significant step forward in the digitization of procurement operations and reinforces both companies' commitment to advancing AI-driven innovation across the enterprise sector. (In)Business Procurement streamlines procurement by embedding Fairmarkit's AI autonomous sourcing technology into Inception's AI-driven Contracts & Suppliers modules. The solution integrates seamlessly with leading procurement platforms like SAP, Coupa and Oracle enabling businesses to enhance efficiency, optimize costs, improve supplier relationships, and ensure superior contract compliance. "We are thrilled to partner with Fairmarkit on this transformative initiative," said Ashish Koshy, Chief Operating Officer, Inception. "This collaboration is a milestone in the evolution of enterprise procurement across MENA. By combining Fairmarkit's groundbreaking sourcing solution with Inception's own advanced AI capabilities, we're not only enhancing procurement efficiency but also fundamentally reimagining how businesses source, contract, and manage suppliers." Designed for scalability and adaptability, the AI-powered solution enables enterprises to reduce inefficiencies, optimize workflows, and drive strategic sourcing decisions. By harnessing the power of autonomous sourcing and data intelligence, businesses can unlock new opportunities for cost saving, enhance decision-making and improve overall operational performance. 'This partnership marks a pivotal moment for the MENA region's procurement landscape," said Kevin Frechette, CEO and Co-Founder of Fairmarkit. "Together with Inception, we're introducing an AI-driven solution that will fundamentally disrupt traditional procurement processes. Our combined expertise will empower businesses to make faster, smarter, and more strategic sourcing decisions. This is more than just a solution—it's the beginning of a new era in procurement that will redefine how enterprises across MENA achieve operational excellence.' About Inception Inception, a G42 company, builds AI-native products that leverage cutting-edge AI research, models, and systems applied to business problems. We pioneer domain-specific AI applications, to deliver AI-driven solutions, across languages and sectors. To learn more, please visit and follow us on LinkedIn, Instagram, X About Fairmarkit Fairmarkit is the premiere AI-powered autonomous sourcing solution for enterprise procurement, empowering teams to manage all types of spend more efficiently from demand to award. Fairmarkit's award-winning AI product suite delivers unparalleled efficiency to each step of the procurement cycle, equipping teams to source better, faster and cheaper with greater risk mitigation. Procurement teams from Amazon, BP, Goodyear, Nestle and other global powerhouses are using Fairmarkit to take on more spend under management, enhance compliance, strengthen supplier relationships, and achieve record savings. For more information, visit For more information (Press only): info@
