logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Hub71 launches AI-powered platform to help startups drive AI innovation

Hub71 launches AI-powered platform to help startups drive AI innovation

GHADA.ISMAIL
Dec 12, 2024
Launching the new platform reflects Abu Dhabi's commitment to advancing AI across priority sectors

Dubai – Sharikat Mubasher: Hub71, Abu Dhabi’s global tech ecosystem, announced the launching of Hub71+ AI, a specialist ecosystem designed to support startups harnessing cross-sector AI innovation.

The launching event took part during Abu Dhabi Finance Week (ADFW), with an aim to provide AI startups with the necessary infrastructure and resources to thrive in a rapidly evolving global economy, according to a recent press release.

This stride reflects Abu Dhabi's commitment to advancing AI across priority sectors, aligning with the UAE capital’s broader economic vision.

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.

Ahmad Ali Alwan, Chief Executive Officer of Hub71, said: "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."

Talal M. Al Kaissi, EVP, Chief Government Affairs & Partnerships Officer at Core42 commented: “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.”

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.

Tags

AI
Hub71
Core42
Share

Attract clients with your ad

Start Now

Trending

Mal wins initial regulatory nod for licensed bank
MUBASHER
EdfaPay, Recit partner to streamline digital commerce operations in Saudi Arabia
MUBASHER.SA
Qiddiya taps Google Cloud AI to build digital backbone for Qiddiya City
MUBASHER.SA
Riyad Bank, Mastercard introduce first corporate card portfolio in Kingdom
MUBASHER.SA
Saudi Arabia sees strong surge in investment activity across key sectors
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
May 18, 2026
Qiddiya taps Google Cloud AI to build digital backbone for Qiddiya City
Read More
Private Equities News
Calendar Icon
May 18, 2026
Riyad Bank, Mastercard introduce first corporate card portfolio in Kingdom
Read More
Private Equities News
Calendar Icon
May 18, 2026
Saudi Arabia sees strong surge in investment activity across key sectors
Read More
Private Equities News
Calendar Icon
May 17, 2026
Monsha’at pacts with Environment Fund to empower environmental startups
Read More
Private Equities News
Calendar Icon
May 17, 2026
Pinsent Masons relocates Riyadh office to KAFD
Read More
Private Equities News
Calendar Icon
May 17, 2026
Fakeeh Care Group, Samsung C&T partner to develop healthcare projects in Kingdom
Read More
Private Equities News
Calendar Icon
May 14, 2026
SIC invests in Khwarizmi Venture Capital Fund II
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher