Abu Dhabi, United Arab Emirates – September 7, 2023 – Mark AB Capital, a leading investment firm, and Blaize, a cutting-edge artificial intelligence (AI) technology company, have joined forces to embark on an ambitious journey following the vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan the President of the United Arab Emirates (UAE), to establish the world’s first AI nation. This transformative partnership is set to usher in a new era of technological innovation and sustainable development in the UAE.
Under the visionary leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, the UAE has consistently demonstrated its commitment to becoming a global technology and innovation hub. This strategic collaboration between Mark AB Capital and Blaize represents a significant milestone in the UAE’s quest to lead the world in AI-driven advancements.
The partnership between Mark AB Capital and Blaize will focus on utilizing Blaize’s state-of-the-art edge AI technology that has forty seven pioneering patents that underpin their cutting-edge solutions. Adding to Blaize’s prowess is their strategic backing. They have garnered support from industry giants and visionary investors like Franklin Templeton, Toyota, Temasek, Daimler and Samsung that recognize the company’s potential to shape the future of AI and edge computing.
This initiative aims to enhance various sectors including healthcare, transportation, education, finance, and more, through the power of artificial intelligence.
Key objectives of this groundbreaking partnership include:
• AI Infrastructure Development: Mark AB Capital and Blaize will work together to build the critical AI infrastructure required for the development and deployment of AI solutions across the UAE. This infrastructure will serve as the foundation for the AI nation.
• Research and Development: The partnership will invest in cutting-edge AI research and development initiatives to foster innovation in AI technologies, ensuring the UAE remains at the forefront of AI advancements.
• AI Talent Development: Mark AB Capital and Blaize are committed to nurturing local talent in AI through educational programs and initiatives, thus building a skilled workforce capable of driving the AI nation’s growth.
• AI Governance and Ethics: The collaboration will also prioritize the development of robust AI governance and ethical frameworks to ensure the responsible and ethical use of AI technologies across the nation.
His Highness Sheikh Mohammed bin Zayed Al Nahyan’s vision for the UAE as the world’s first AI nation represents an unwavering commitment to leveraging AI to improve the lives of citizens and residents while creating a sustainable and prosperous future. This partnership with Mark AB Capital and Blaize aligns seamlessly with this vision, promising to accelerate the UAE’s journey towards becoming a global AI leader.
Commenting on this historic collaboration, Abdullah Mohamed Al Qubaisi, CEO of Mark AB Capital, said, “This partnership signifies a pivotal moment in the history of technology and investment. The UAE has demonstrated its commitment to embracing AI, and our collaboration with Blaize will propel us towards achieving this ambitious goal. We look forward to making the UAE a beacon of AI excellence for the world to admire.”
Dinakar Munagala, CEO of Blaize, expressed his enthusiasm about the partnership, saying, “We are thrilled to partner with Mark AB Capital to embark on this remarkable journey. Our AI technology has the potential to revolutionize every aspect of life in the UAE, from healthcare to education and beyond. Together with Mark AB Capital, we are committed to making the UAE the first AI nation, setting a global precedent for AI innovation.”
This partnership between Blaize and Mark AB Capital marks a historic milestone in the journey toward creating the world’s first AI nation. As the UAE takes bold steps to lead in the era of artificial intelligence and sets the stage for a brighter, technologically advanced future for the nation.
About Mark AB Capital: Mark AB Capital is a forward-thinking investment firm with a focus on strategic partnerships that drive innovation and progress. Committed to shaping the future, Mark AB Capital seeks opportunities that align with its vision for a better world. www.markabcapital.net
About Blaize: Blaize is a global leader in AI technology, providing cutting-edge solutions for businesses and governments worldwide. With a commitment to innovation and excellence, Blaize is driving the future of AI-powered applications and services. www.blaize.com
