Abu Dhabi, June 7, 2022 (WAM)-Abu Dhabi’s global technology ecosystem, Hub71, partners with AIQ, an artificial intelligence (AI) joint venture with Group 42 (G42) of Abu Dhabi’s National Oil Company (ADNOC). To do. Explore the development of new AI solutions that support the future of sustainable energy.
Under the agreement, Hub71 and AIQ will work together to develop innovative digital technologies to unlock greater value from the oil and gas business and create a more sustainable and carbon-efficient future for the oil and gas industry. Define.
Badr Al-Olama, Deputy Chief Executive Officer of Hub71, said: Startups to the country to deepen their expertise and knowledge while promoting the future of Net Zero for all. ”
Through this partnership, Hub71 will be able to bring AIQ into its technology ecosystem and facilitate one-on-one meetings with start-ups working on future energy technology solutions for the oil and gas industry. In return, AIQ provides access to the E-Novus platform, a data management tool for oil and gas companies looking to accelerate digital transformation and energy transitions.
AIQ will also participate in Hub71’s The Outliers program. This is a set of challenges set by businesses and governments for startups to solve and support Hub71’s mentorship program and exchange knowledge about technology-enabled solutions that may be commercialized in the global energy market. promotes it.
Omar AlMarzooqi, Chief Executive Officer of AIQ, said: We support the digital transformation of the oil and gas industry and Abu Dhabi’s growing status as a global center for next-generation industrial development. ”
Hub71 brings together startups from 25 countries around the world, working in 18 sectors including artificial intelligence, big data, and analytics. Through its partnerships, Hub71 connects entrepreneurs with influential investors and businesses to help them grow their businesses and access the market.