Present at the signing were Abdulla bin Touq Al-Marri, Minister of Economy and Chairman of Investopia, Ali Hussein, CEO of Immerso AI (an Eros Investment subsidiary), and Dr. Ghada Alhudhud, Managing Director of Gewan AI. The agreement underscores Investopia's commitment to catalysing business communities and driving investments in knowledge, innovation, and technology.
Waleed Alhadhoud, CEO of Gewan AI, remarked, “Gewan AI, based in Abu Dhabi, specialises in advanced AI products serving various sectors including police, health, media, and retail. We eagerly anticipate collaborating with the Ministry of Economy on regional AI initiatives, emphasising Ethical AI principles in our commerce model to enhance trade systems, media security, entertainment, and retail.”
Alhadhoud emphasised, “Our AI services are tailored to enhance businesses by embedding smart solutions into existing IT infrastructure, thereby enriching them with AI capabilities.”
Dr. Ghada Alhudhud emphasised the significance of Generative AI models & LLM’s in the region's technological evolution. “Gewan AI's hub & Smart Solutions aims to advance Generative AI Models tailored to industry-specific objectives. Our partnership seeks to expand our reach globally,” noted Dr. Ghada.
“The adoption of Generative AI models & LLM’s is pivotal in the region's technological landscape. Customisation is key to product adoption, and we look forward to integrating our investments in the UAE and the Middle East in collaboration with Gewan AI,” added Ali Hussein.
Gewan AI leads the AI industry, focusing on R&D to transform various sectors and empower businesses with smart solutions. The company's strategy aims to harness AI's potential to enhance operational efficiency and tackle industry challenges effectively.
Eros Investment prioritises investments in intellectual property, blockchain, generative AI, tokenisation, and digital entertainment. The company seeks collaborations to launch innovative projects in these sectors successfully.
The agreement between Gewan AI and Eros Investment aims to establish a collaborative AI framework, promoting joint research initiatives and knowledge exchange. The objective is to develop cutting-edge AI applications addressing local and global needs while upholding ethical AI practices.
The agreement signifies Investopia's commitment to embracing AI-driven innovation and fostering a conducive environment for new economy sectors. It underscores opportunities within AI and encourages private sector participation in innovative projects, aligning with the "We Are the UAE 2031" vision.
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