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February 22, 2024

Advanced Technology Research Council launches new AI company ‘AI71’

Abu Dhabi’s Advanced Technology Research Council (ATRC) has launched its new AI company, AI71.

The entity builds on the Technology Innovation Institute’s (TII) Falcon generative AI models and will focus on multi-domain specializations while offering unprecedented AI data control options for companies and countries looking to self-host for greater privacy.

The new AI powerhouse was launched by H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, in the presence of several ministers and representatives of leading multinational technology companies.

ATRC’s VentureOne subsidiary will taks AI71 to market across multiple domains, starting with the medical, educational, and legal sectors. Enabling access to vast storehouses of anonymized data in these verticals, representing a rich and diverse demographic, AI71 will offer a critical differentiator over other serious AI markets today – namely, the UAE’s highly digitized and comparatively mature e-infrastructure.

Through partnerships and collaborations, AI71 will enable clients to deploy its AI models and benefit from access to sophisticated data reservoirs to ensure outstanding generative AI performance. More importantly, AI71 will enable decentralized data ownership, allowing clients to retain control of their own data.

This offering will set new standards for privacy and security, serving as a differentiator for AI projects where data sovereignty is critical. This is a game-changing option for AI accessibility, particularly for enterprises, large corporations, and foreign government entities keen to ensure that their data remains private.

AI71 will be built on a pro-innovation, whole-of-society approach, and on the premise that AI technology should not remain in the hands of a few but be accessible to more people to foster creative innovation. The new AI company is focused on deepening the credentials of Abu Dhabi and the wider UAE as a serious AI contender, and in doing so, signposting the coming of age of the country’s knowledge economy.

The first of AI71’s cutting-edge specializations will have a medical focus and seek to transform capabilities in diagnosis and decision-making, significantly changing the accuracy and time spent on each patient.

The educational and legal sectors are also to gain value from AI integration and enhancements, impacting each domain with nuanced benefits that lead to new solutions to support societal development.

AI71 is collaborating with seven partners across the ecosystem. These encompass the Department of Government Enablement, Abu Dhabi, which centralizes over 30 government entities through digitization, the Office of Artificial Intelligence, Digital Economy, and Remote Work Applications to support with broader adoption, World Wide Technology to co-develop integrated on-premise AI solutions, CNTXT to provide data labeling and annotation services, Hub71 to attract and scale tech and AI startups, PwC Middle East to address customer use cases, and AWS to supply compute power capacity.

With AI influencing how we live and work for the foreseeable future, the newly established company is looking to grow its offerings for enterprises based on industry demand and facilitate the widespread diffusion of AI across the broader economy. AI71 presents an opportunity to lead a step change and drive an AI-first ecosystem in the UAE and beyond.