AIQ, an Abu Dhabi-based leader in artificial intelligence solutions for the global Energy sector, and Inception, a pioneering AI company specializing in large language models (LLMs) and other technologies, have signed a groundbreaking three-year agreement to drive technology innovation and transformation in the Energy sector. This collaboration, announced at GITEX Global 2024, represents a significant step forward in both companies’ commitment to advancing AI models and operational excellence within the sector.
The partnership will leverage AIQ’s proven success in applying AI to optimize Energy operations with Inception’s cutting-edge capabilities in agentic AI, generative AI (genAI), and machine learning. Together, the companies aim to enhance efficiency, improve safety and sustainability, and reduce costs through revolutionary near-real time data processing, advanced multi-modal insights and AI-assisted automation across the entire Energy value chain.
“We are excited to join forces with Inception in this strategic partnership. Together, we will unlock new opportunities for growth and transformation in the Energy sector, pushing the boundaries of AI innovation and driving real, impactful change,” said Magzhan Kenesbai, Acting Managing Director at AIQ. “This collaboration is another testament to our commitment to enhancing productivity and sustainability, while reinforcing the UAE’s position as a global hub for technological excellence.”
Ashish Koshy, Chief Operation Officer of Inception, echoed this sentiment: “Our partnership with AIQ marks a defining moment in how artificial intelligence combined with domain expertise can accelerate innovation in the Energy sector By combining our expertise in large language models and advanced AI models with AIQ’s industry expertise in the Energy sector, we are confident that together we will deliver solutions that will set new standards for operational excellence, efficiency, and sustainability. Our partnership with AIQ marks a defining moment in how artificial intelligence can accelerate innovation in the Energy sector.
The three year partnership will focus on leveraging advanced technologies that enable faster decision-making and improve real-time data processing capabilities, empowering the Energy sector to navigate the complexities and demands of today and tomorrow with more intelligence and agility. As part of the agreement, both companies will also explore opportunities to enhance AI models and accelerate the deployment of AI solutions across global Energy markets.
About AIQ
AIQ is an Abu Dhabi-based AI champion developing innovative solutions for the global Energy sector. Established in October 2020, AIQ is a joint venture between Presight and ADNOC Group. It is pioneering AI products that improve operational efficiency and value creation, help increase safety, and support sustainability and energy transition efforts across the entire value chain of the Energy industry.Through innovation and collaboration, AIQ is accelerating the transformation of the Energy sector, applying AI insights based on real-world operational data, today. Learn more at aiqintelligence.ae.