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A partnership between ADQ Holding and EQTY Lab to employ AI technologies

A partnership between ADQ Holding and EQTY Lab to employ AI technologies

“She said”Holding – ADQIn a statement today, this partnership is in line with its portfolio management strategy, which focuses on identifying appropriate opportunities to add value, create tangible transformation, and achieve sustainable growth, which contributes to building national companies that are pioneers in their sectors and capable of keeping pace with the needs and requirements of the future.

Technologies contribute artificial intelligence In revolutionizing many sectors, by enhancing efficiency, reducing costs, and providing new capabilities.

Some of the applications within ADQ Holding’s diverse portfolio include… Companies Improving operational efficiency and productivity, enhancing climate action, stimulating innovation and supporting technical development, within key sectors such as healthcare, energy, manufacturing, transportation and agriculture.

Through its partnership with the “platform”EQTY LabThe work teams will employ “AI Integrity” tools to ensure that ADQ Holding Company’s artificial intelligence models are reliable, secure, transparent, and compatible with the highest governance standards, with the aim of establishing trust and principles of responsibility when using artificial intelligence technologies.

These efforts fall within the framework of ADQ Holding’s efforts to encourage its subsidiaries to adopt best practices and promote digital and technical transformation.

Hamad Al Hammadi, Executive Vice President of the Group at ADQ Holding, said: “Artificial intelligence represents a technical revolution and provides new horizons for dealing with our world. It has great potential and is capable of changing sectors, enhancing efficiency and providing innovative solutions. Our partnership with ‘EQTY Lab’ reflects our ongoing commitment.” “By enabling our portfolio of companies to experiment with automated technologies and artificial intelligence and employ them in a responsible manner, this will pave the way for companies to prepare for the future and achieve national goals aimed at reaching an interconnected, prosperous and sustainable future.”

The partnership between the two parties began in 2023 with the launch of “ClimateGPTPowered by Erasmus and Apptek, the first open source, multilingual AI platform designed to address the effects of Climate change And enhance Sustainability.

The platform allows researchers, policymakers, and business leaders to make informed decisions and stimulate climate action, by taking advantage of more than 300 billion climate-related information extracted from data from 10 billion electronic pages and millions of academic studies and articles available to the public.

The first phase of the “ClimateGPT” platform is hosted in Al Dhafra station For photovoltaic solar energy in Abu Dhabi, which is the largest independent station in the world for producing solar photovoltaic energy, which makes the platform completely dependent on renewable energy.. It will be “ADQ Holding” and its subsidiaries, such as “ADNEC Group,” “Etihad Rail,” and “Energy” and “source” are the first to use these Technology In a country The UAE.

The “ClimateGPT” platform helps understand the impact of climate change on the environment, society, and economy because it covers many scientific disciplines, thereby contributing to enabling ADQ Holding and its portfolio of companies to explore innovative solutions that enhance global climate action goals and support environmental protection efforts.

The company “source“, which is part of the “Holding – ADQ” portfolio through the “Taqa” company, is currently using the “ClimateGPT” platform to support research and implementation of several environmental, social and governance initiatives.

The work teams, in cooperation with the ADNEC Group team, also succeeded in building a dedicated library of global research to support the research efforts of the group’s environmental, social and governance practices team.

By 2030, artificial intelligence technologies are expected to contribute to enhancing the gross domestic product of countries in the Middle East region within multiple sectors.

The greatest economic impact of these technologies is expected to be in the construction and manufacturing sector, with a value of $99 billion, followed by the energy, utilities and resources sector, with an expected contribution of $78 billion, and the public sector, which includes health and education, with a contribution of $59 billion.

The UAE is scheduled to witness the greatest impact of these technologies on its gross domestic product, with an increase estimated at about 14% by 2030.



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