Latest news with #MicrosoftFoundersHub
TECHx
29-03-2025
- Business
- TECHx
Presight's AI-Startup Accelerator Gets Microsoft's Support
Presight and Microsoft Partner to Boost AI Startups in the UAE News Desk - Share Presight, a global big data analytics company powered by AI, has signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. This UAE-based program helps AI startups gain a commercial edge, access advanced technology, and expand their networks across the UAE, the G42 ecosystem, and global markets. It also offers venture funding to accelerate growth and scalability. As part of the collaboration, Microsoft will provide technical expertise, mentorship, and market acceleration through its Microsoft Founders Hub. Startups will benefit from high-performance computing, cloud services, and access to advanced AI models, including large language models (LLMs) and generative AI-powered analytics. They will also receive strategic insights and technical guidance from Microsoft's extensive mentorship network. Thomas Pramotedham, CEO of Presight, said: 'Microsoft and Presight share a passion for AI innovation and supporting the next wave of AI pioneers. Together, we will empower startups with the tools and opportunities they need to thrive.' Naim Yazbeck, General Manager of Microsoft UAE, added: 'We are excited to collaborate with Presight to drive AI adoption. Through the Microsoft Founders Hub, we will provide startups with the resources to innovate, scale, and deliver transformative solutions.' The Presight AI-Startup Accelerator, launched at GITEX Global last year, focuses on startups with market-ready prototypes. The program helps them refine products, optimize go-to-market strategies, and integrate with Presight's product pipeline. This gives startups unique opportunities for cross-selling, networking, and promotion. Graduates of the program will become market-ready companies with proven product-market fit and sustainable business models. By combining Presight's industry expertise with Microsoft's technical resources, startups gain access to world-class AI infrastructure and commercialization opportunities. This initiative builds on Microsoft's $1.5 billion investment in G42 to advance AI innovation. As part of the G42 ecosystem, Presight already collaborates with Microsoft on several joint projects, strengthening their commitment to fostering AI innovation in the region.
Zawya
28-03-2025
- Business
- Zawya
Presight, Microsoft to nurture next generation of AI startups
Abu Dhabi, UAE – Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the wider G42 ecosystem, and Presight's global markets, alongside venture funding opportunities to exponentially accelerate their growth and scalability. As part of this collaboration, Microsoft will contribute its expertise in technical enablement, mentorship, and market acceleration through its Microsoft Founders Hub initiative. The collaboration will empower startups by providing high-performance computing, access to cloud services, and exposure to foundational AI models, including large language models (LLMs) and generative AI-powered analytics. Startups selected for the Presight AI-Startup Accelerator will also benefit from Microsoft's mentorship network, ensuring they receive strategic insights and technical guidance throughout their journey. Thomas Pramotedham, CEO of Presight, said: 'Microsoft and Presight share the same passion for innovation in AI and nurturing the next wave of AI pioneers. Our collaboration through the Presight AI-Startup Accelerator underscores our mutual dedication to empowering startups with the tools, expertise, and opportunities they need to thrive. Together, we will foster a vibrant ecosystem where groundbreaking AI can flourish.' Naim Yazbeck, General Manager of Microsoft UAE, said: 'We are excited to collaborate with Presight to support AI startups in their journey to success. The Microsoft Founders Hub is committed to providing technical resources, mentorship, and go-to-market enablement, ensuring startups have the infrastructure to innovate and scale. Together with Presight, we will help drive AI adoption and create transformative solutions that benefit industries worldwide." The Presight AI-Startup Accelerator, launched during GITEX Global last year, focuses on startups that have developed a prototype and are ready to test the market. The program's structured curriculum helps startups refine their AI-powered products, optimize go-to-market strategies, and integrate with Presight's product pipeline, providing unmatched cross-selling, networking, and promotional opportunities. Graduates of the Presight AI-Startup Accelerator will emerge as market-ready companies, having found their product-market fit, demonstrated customer value, and established a sustainable business model. By leveraging the combined expertise of Presight and Microsoft, participating startups will gain access to world-class AI infrastructure, mentorship, and commercialization opportunities that will position them for long-term success. This initiative builds on Microsoft's $1.5 billion investment in G42 to accelerate AI innovation. As part of the G42 ecosystem, Presight already collaborates closely with Microsoft on several joint projects. Applications to join the Presight AI-Startup Accelerator close on 10th April 2025. About Presight Presight is an ADX-listed public company with Abu Dhabi based G42 as its majority shareholder and is a leading global big data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Today, through its range of AI-driven products and solutions, Presight is bringing Applied Intelligence to the private and public sector, enabling them to realize their AI strategy and ambitions faster.
Zawya
28-03-2025
- Business
- Zawya
Presight, Microsoft join to groom GenNext AI startups
Presight, a leading global big data analytics company powered by AI, today (March 27) signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based programme is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the wider G42 ecosystem, and Presight's global markets, alongside venture funding opportunities to exponentially accelerate their growth and scalability. As part of this collaboration, Microsoft will contribute its expertise in technical enablement, mentorship, and market acceleration through its Microsoft Founders Hub initiative. The collaboration will empower startups by providing high-performance computing, access to cloud services, and exposure to foundational AI models, including large language models (LLMs) and generative AI-powered analytics, said Presight in a statement. Startups selected for the Presight AI-Startup Accelerator will also benefit from Microsoft's mentorship network, ensuring they receive strategic insights and technical guidance throughout their journey, it stated. On the strategic tieup, CEO Thomas Pramotedham said: "We and Microsoft share the same passion for innovation in AI and nurturing the next wave of AI pioneers. Our collaboration through the Presight AI-Startup Accelerator underscores our mutual dedication to empowering startups with the tools, expertise, and opportunities they need to thrive." "Together, we will foster a vibrant ecosystem where groundbreaking AI can flourish," he stated. The Presight AI-Startup Accelerator, launched during Gitex Global last year, focuses on startups that have developed a prototype and are ready to test the market. The program's structured curriculum helps startups refine their AI-powered products, optimize go-to-market strategies, and integrate with Presight's product pipeline, providing unmatched cross-selling, networking, and promotional opportunities. Graduates of the Presight AI-Startup Accelerator will emerge as market-ready companies, having found their product-market fit, demonstrated customer value, and established a sustainable business model. Naim Yazbeck, General Manager of Microsoft UAE, said: "We are excited to collaborate with Presight to support AI startups in their journey to success. The Microsoft Founders Hub is committed to providing technical resources, mentorship, and go-to-market enablement, ensuring startups have the infrastructure to innovate and scale." "Together with Presight, we will help drive AI adoption and create transformative solutions that benefit industries worldwide," he stated. This initiative builds on Microsoft's $1.5 billion investment in G42 to accelerate AI innovation. As part of the G42 ecosystem, Presight already collaborates closely with Microsoft on several joint projects, he added.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
27-03-2025
- Business
- Trade Arabia
Presight, Microsoft join to groom GenNext AI startups
Presight, a leading global big data analytics company powered by AI, today (March 27) signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based programme is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the wider G42 ecosystem, and Presight's global markets, alongside venture funding opportunities to exponentially accelerate their growth and scalability. As part of this collaboration, Microsoft will contribute its expertise in technical enablement, mentorship, and market acceleration through its Microsoft Founders Hub initiative. The collaboration will empower startups by providing high-performance computing, access to cloud services, and exposure to foundational AI models, including large language models (LLMs) and generative AI-powered analytics, said Presight in a statement. Startups selected for the Presight AI-Startup Accelerator will also benefit from Microsoft's mentorship network, ensuring they receive strategic insights and technical guidance throughout their journey, it stated. On the strategic tieup, CEO Thomas Pramotedham said: "We and Microsoft share the same passion for innovation in AI and nurturing the next wave of AI pioneers. Our collaboration through the Presight AI-Startup Accelerator underscores our mutual dedication to empowering startups with the tools, expertise, and opportunities they need to thrive." "Together, we will foster a vibrant ecosystem where groundbreaking AI can flourish," he stated. The Presight AI-Startup Accelerator, launched during Gitex Global last year, focuses on startups that have developed a prototype and are ready to test the market. The program's structured curriculum helps startups refine their AI-powered products, optimize go-to-market strategies, and integrate with Presight's product pipeline, providing unmatched cross-selling, networking, and promotional opportunities. Graduates of the Presight AI-Startup Accelerator will emerge as market-ready companies, having found their product-market fit, demonstrated customer value, and established a sustainable business model. Naim Yazbeck, General Manager of Microsoft UAE, said: "We are excited to collaborate with Presight to support AI startups in their journey to success. The Microsoft Founders Hub is committed to providing technical resources, mentorship, and go-to-market enablement, ensuring startups have the infrastructure to innovate and scale." "Together with Presight, we will help drive AI adoption and create transformative solutions that benefit industries worldwide," he stated.
