Latest news with #Pramotedham
Al Etihad
24-06-2025
- Business
- Al Etihad
Presight announces inaugural cohort of global startups joining its AI Accelerator programme
24 June 2025 18:52 ABU DHABI (WAM)Presight today announced the 10 startups who have won their place as part of the Presight AI-Startup Accelerator, a strategic launchpad designed to propel AI startups to scale with speed, impact, and commercial announcement follows an evaluation and selection process that attracted 120 applications from AI startups across 17 countries, spanning diverse sectors such as Smart Cities, Fintech, Energy, AI Governance, and Sovereign shortlisted pool of 15 global finalists was selected to participate in the final pitch days, held on 2–3 June. The event featured in-person pitches in Abu Dhabi at Presight's office and virtual presentations from international startups. Finalists had already raised over US$150 million collectively, backed by leading global accelerators like Microsoft, Google, Alchemist, and Techstars, underscoring the exceptional calibre of Pramotedham, Chief Executive Officer of Presight, said, 'The Presight AI-Startup Accelerator is more than a program—it's a strategic growth engine for both visionary startups and Presight itself. We launched this initiative to identify and scale the most promising AI innovations globally, integrate them into our ecosystem, and drive transformative impact across industries. In providing the 10 AI startups with access to infrastructure, mentorship, and market reach, we're accelerating their growth and our own innovation pipeline. This approach allows us to build a portfolio of world-class AI solutions faster and more effectively than traditional R&D or acquisitions.'Through the evaluation process, we prioritised rigor, readiness to scale, and strategic alignment with Presight's business focus. These 10 startups represent the strongest potential for impact within Presight's ecosystem. The selection process was among the most competitive in the region, and we thank all 15 finalists for their impressive vision and energy.'The ten winning startups selected to join the accelerator include: Derq (UAE, USA): A leading provider of patented AI-powered intelligent transportation systems (ITS) helping cities prevent crashes, solve complex road safety challenges, and improve traffic (Singapore): AI-driven Energy Efficiency and Sustainability solution for the Built Environment. Resync's cutting edge technology provides HVAC optimisation, iFM and Energy Savings for commercial and industrial buildings across Southeast Asia and Middle (Singapore): Provides data, analytics and tools to navigate climate risk and invest in adaptation and (UAE/Tajikistan): Zypl generates synthetic outliers from its proprietary zGAN model to optimize the performance of AI agents — especially under edge cases and black swans. Focused on financial services use cases, zypl's enterprise AI platform enables banks to reduce defaults, improve fraud detection and increase repayment (Indonesia / Singapore): Provides native AI-powered education and training solutions with adaptive learning pathways for schools, enterprises, and government (Azerbaijan): Solves the challenge of limited insights and low accuracy in seismic data interpretation. Using advanced AI algorithms, it enhances image quality, reduces subsurface uncertainty, and accelerates exploration and drilling decisions in the energy (UAE): Offers GenAI security, safety, & compliance tools, from assessment through protection. Trusted by leading organizations in the high-tech & public sectors, Vulcan is the GenAI-specific solution to ensure safety, security and operational (UAE, USA): A sovereign AI cloud platform that lets users run LLMs, image, and speech models in one click — securely, on cloud or Century (USA): Developer of a proprietary data science platform designed to help fundamental and systematic investors harness the power of both internal and external data resources to generate powerful investment (UAE, USA): Offers an AI-powered business intelligence platform designed to enhance customer engagement and product optimisation.A distinguished jury panel evaluated each 10-minute pitch before selecting the final Cohort winners. Members of the judging panel included: Kareem Okeili, Senior Partner Development Manager, Microsoft; Sultan Al Hajji, Senior Adviser to the President of Mohamed bin Zayed University of Artificial Intelligent (MBZUAI); and Darsh Singh Mann, Head of Business Development and Partnerships, StartX by Stanford University. They were joined by a selection of senior management from Presight. The selected startups will now join the Presight AI-Startup Accelerator Bootcamp in Abu Dhabi. This immersion programme includes technical mentoring, strategic market access to scale with potential commercial proof-of-concepts and contracts, product refinement, and investment readiness for the venture capital funding during demo day.
Al Etihad
16-05-2025
- Business
- Al Etihad
Presight, AIQ to spotlight their UAE-made AI products, solutions at 'Make it in the Emirates'
17 May 2025 00:22 ABU DHABI (WAM) Presight, a leading global big data analytics company powered by AI, on Friday announced its participation in Make it in the Emirates 2025, taking place from May 19-22 at the ADNEC Centre, Abu Dhabi. In partnership with AIQ (majority owned by Presight), both companies will jointly showcase their cutting-edge, UAE-developed AI solutions that are driving national resilience and global the UAE's national champion in AI and a homegrown success story, Presight is enabling digital sovereignty and economic diversification through world-class AI platforms developed and deployed in the Emirates. These platforms deliver strategic outcomes across critical sectors, including energy, finance, logistics, mobility, and public and AIQ's participation aligns closely with the UAE's National Strategy for Artificial Intelligence 2031, supporting the country's position as a global leader in advanced industry and technology. Presight solutions deployed across the Emirates are estimated to have already achieved over Dh 1 billion in annual efficiency gains, more than two million labour-hours saved, and 100% automated data Pramotedham, CEO of Presight and Board Member of AIQ, shared, 'This event is a celebration of what's possible when local innovation meets national vision. At Presight and AIQ, we're proud to deliver world-class AI solutions made in the UAE, securing our national AI sovereignty, and positioning the UAE as a global leader in AI solutions."Presight technologies are helping to optimise industries, protect data, and drive smarter outcomes, while AIQ is setting new benchmarks for smarter, cleaner, and more resilient global energy systems. Presight and AIQ are building world-class AI solutions made in the Emirates — securing our data, optimising critical industries, and future-proofing national resilience.'Presight will showcase its full suite of AI products at Make it in the Emirates, including the recently launched:• Presight AI-Policing Suite – a home-grown, modular solution designed to transform public safety and law enforcement operations using the power of Generative AI and advanced analytics.• Presight LifeSaver – a groundbreaking end-to-end emergency and crisis management platform which combines leading-edge AI, big data analytics, and real-time insights into a single unified solution that addresses the full emergency lifecycle.• Presight Synergy – a next-generation, home-grown data and AI platform designed to future-proof AI adoption and simplify the implementation of various industry-specific use AIQ will showcase its full suite of solutions, including:• ENERGYai – Agentic AI for Energy ENERGYai is the world's first agentic AI platform built specifically for the energy sector. It fuses a 70-billion-parameter large language model (LLM) with 50+ years of ADNOC's operational expertise and petabytes of proprietary data to drive system-wide optimisation, intelligence, and efficiency. • RoboWell – Autonomous Well Control RoboWell stabilises production in the most economically efficient way possible. It eliminates the need for constant manual monitoring and adjustment, autonomously maintaining stable operating conditions while optimising output and minimising gas lift consumption.
