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Between 2021 and 2023, the number of AI companies in Abu Dhabi increased at a compound annual growth rate (CAGR) of 67%. Furthermore, studies indicate that, on average, one AI company was established every two days in Abu Dhabi during the first half of 2024. Hub71+ AI is set to accelerate this momentum by supporting startups and developing the infrastructure required to drive AI adoption across various sectors. 

AI71 joins as an anchor partner of Hub71+ AI and will offer compute power credits for their API Hub, which provides pay-as-you-go access to the globally ranked Falcon series of Large Language Models and other tools. AI71 will also provide access to their team of AI researchers. 

In addition, Core42 joins Hub71+ AI as an anchor partner, empowering regional startups with preferential access to Core42’s advanced products and solutions. Core42 will offer startups cloud credits that can leverage the deployments of next-generation digital infrastructure for AI including current deployments of training and inference capacity in the UAE, USA, and a growing global footprint. 

Additionally, Core42’s Sovereign Public Cloud offering which leverages Microsoft Azure can be utilized for startups that are in need to offer a sovereign implementation for regulated industries and the public sector. Core42 will also support startups in accessing relevant facets of the broader G42 ecosystem, including Presight, M42, AIQ, CPX, Space42, and others where relevant.

Hub71+ AI is powered by a network of leading partners, including Amazon Web Services (AWS), Google for Startups, Nvidia, Hewlett Packard Enterprise (HPE), Mohamed Bin Zayed University of Artificial Intelligence (MBZUAI), and 42 Abu Dhabi. Together, these strategic partners aim to support the specialist ecosystem and advance the growth of AI startups, contributing to Abu Dhabi’s economic transformation underpinned by advanced technology. 

Through these partnerships, startups will gain access to technical and industry expertise, digital infrastructure, strategic market entry pathways, and hands-on regulatory guidance. Hub71’s collaborations with global technology leaders will further benefit startups, providing opportunities to pilot new technologies in real-world settings. Additionally, startups will be exposed to a network of investors and corporate partners that can help accelerate their growth from Abu Dhabi. These partnerships will enable Hub71+ AI startups to leverage digital infrastructure and cloud credits to strengthen the AI ecosystem and expand their business from Abu Dhabi to the world. 

Ahmad Ali Alwan, Chief Executive Officer of Hub71, said: “AI is transforming industries and rapidly shaping the future of our world. Abu Dhabi is not just keeping pace but setting the standard as a global leader in advancing AI for meaningful impact. Hub71+ AI is our commitment to bold, pioneering founders, providing startups with unparalleled access to resources, mentorship, and collaboration opportunities with tech giants and national champions. We aim to scale and drive AI innovation that resonates globally from Abu Dhabi’s dynamic tech ecosystem.” 

Dr. Mahir Nayfeh, Chief Product Officer at AI71, said: “AI71 is dedicated to bridging the AI divide by putting AI tools in as many people’s hands as possible. A key part of this is our API Hub, which provides pay-as-you-go access to Falcon, the Technology Innovation Institute’s globally ranked series of generative AI models, and other tools. This means developers around the world can innovate using Falcon, regardless of their compute power resources. We’re looking forward to collaborating with Hub71 to help empower the next generation of promising AI startups and developers.” 

“At Core42, we are committed to enabling startups to harness the transformative potential of AI through robust and specialized digital infrastructure, as well as bespoke go-to-market mentorship,” said Talal M. Al Kaissi, EVP, Chief Government Affairs & Partnerships Officer, Core42. “Partnering with Hub71+ AI aligns with our mission to scale AI enablement and drive sustainable economic growth in Abu Dhabi. Together, we are setting the stage for startups to expand globally, reinforcing Abu Dhabi’s position as a global AI hub.” 

Hub71+ are specialist ecosystems developed by Hub71, Abu Dhabi’s global tech ecosystem, dedicated to advancing innovation across Abu Dhabi’s priority sectors. By leveraging substantial investment, world-class infrastructure, and strategic partnerships, Hub71 is committed to driving technological advancements and fostering economic diversification to shape the future industries of Abu Dhabi.

Startups can apply here to join Hub71’s programs and leverage Hub71+ AI’s comprehensive offerings to scale their innovations, contribute to Abu Dhabi’s thriving AI ecosystem, and expand their impact on a global stage.

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The partnership agreement was signed by His Excellency Faisal Al Bannai, the Secretary General of the Advanced Technology Research Council, and Her Excellency Ghita Mezzour, the Delegate-Minister to the Head of Government in charge of Digital Transition and Administration Reform at the Dubai World Trade Center.

“We are honored to support Digital Morocco 2030, and to bring our AI expertise and solutions to even more people,” said Reda Nidhakou, the Acting CEO of VentureOne, AI71’s parent company. “Morocco’s government and startups have the power to supercharge the national economy. Empowering them with the right digital solutions will help ensure many more people can benefit from AI’s transformative power. We look forward to seeing Morocco move forward on its ambitious journey to digitization and further solidify its position as a leader within the region.”

In addition to helping enhance government services, AI71 is also awarding $100,000 USD worth of compute power to four Morocco-based AI startups following the conclusion of a successful joint competition with Morocco’s Ministry of Digital Transition and Administrative Reform, which was designed to foster AI innovation in Morocco.

The competition kicked off at GITEX Africa earlier this year, where the ministry invited 200 startups to present their solutions to AI71 for a chance to be supported with compute power. In total, 35 AI startups participated in the competition, and four exceptional winners were selected based on novelty, technical feasibility, and growth potential: TOUM AI, Heyy.ma, PostGoo, and Thinkable.

Each will be given compute power via AI71’s API Hub, which provides easy, affordable access to the Falcon series of AI models, enabling them to accelerate development, experimentation, and solution-building with AI.

AI71 will monitor the winning startups’ progress and continue to explore potential opportunities for further funding, support, and collaboration.

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The 10-day hackathon, co-hosted by lablab.ai, was designed to promote AI innovation and open-source AI. It was also an opportunity for nearly 5,000 participants to test the beta version of AI71’s new API Hub, which will provide pay-as-you go access to the globally ranked Falcon AI models for the first time, allowing coders without access to large amounts of compute power to experiment with Falcon.

Reda Nidhakou, the Acting CEO of VentureOne, AI71’s parent company, said, “The Falcon Hackathon was a key opportunity for us to drive innovation and to make Falcon accessible to even more people through exclusive first use of our API Hub. It was exciting to gather thousands of participants from around the world to develop creative solutions using Falcon, and to see AI being applied to so many different real-world use cases. This is our ultimate goal at AI71.”

Team Investiboard was named the first runner-up for their virtual investigation platform designed to help investigators and police streamline investigations and information gathering. They received $6,000 USD in cash and compute. EthiSecure.AI was the second runner-up with a platform that provides compliance, risk management, and real-time monitoring of LLM chatbots. They received $4,000 USD in cash and compute.

The winners were chosen from over 500 teams from 141 countries, who created a total of 132 different applications in the education, healthcare, legal and retail domains.

Ashmil Hussain, a Technology Partner at Sirocco Ventures, said, “We are thrilled to have won the Falcon Hackathon. With Raggenie, our aim was to build a user-friendly platform that simplifies the creation and deployment of conversational AI solutions. Falcon was an ideal choice for this project because of its flexibility and efficiency, which allowed us to integrate advanced AI capabilities without requiring extensive resources. It also aligns perfectly with our commitment to making AI more accessible across different industries.”

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