AIQ, ADNOC’s Synthetic Intelligence (AI) three way partnership with Group 42, and Past Limits, an industrial and enterprise-grade AI expertise, have signed an MoU to discover collaboration within the growth of recent AI options that speed up power transition for the oil and gasoline business
The partnership will assist each firms’ innovation efforts in AI to empower organisations within the power sector to spice up efficiency, optimise operations and improve revenues. It’s going to additionally see AIQ and Past Limits collaborate on advancing the commercialisation of AI in a approach that delivers a optimistic impression throughout the oil and gasoline worth chain.
Omar Al Marzooqi, CEO of AIQ, stated. “This collaboration will permit each firms to strengthen their portfolios of enterprise grade AI options for the power business. We actually consider that AIQ’s and Past Limits’ experiences in delivering tailored purposes will speed up digital transformation and power transition within the UAE and past.”
AJ Abdallat, CEO of Past Limits, commented, “The brand new avenues of superior expertise we are going to discover along with AIQ will unlock efficiencies throughout the complete oil and gasoline worth chain. We belief our collaboration will speed up the event of recent AI options that shall optimise processes, enhance planning and improve profitability of oil and gasoline organisations.”
Kenneth Habson, managing director EMEA of Past Limits, added, “Analysis and growth is a key precedence for Past Limits within the area, as we glance to stimulate innovation in AI, speed up the adoption of superior applied sciences and additional digitise the worth chain of the oil and gasoline business to boost efficiencies and efficiency.”
The MoU is aligned with UAE Technique for synthetic intelligence, and to extend AI innovation and capabilities to allow the digitisation of various industries and assist the realisation of the digital economic system.