Mumbai, Maharashtra, India:
Immerso AI, subsidary of the Eros Investments Group, a leading Generative AI company with intellectual property and licensed data today announced their strategic partnership with Gewan AI a leading UAE technology company at the forefront of Generative AI. This announcement was made live at Investopia’s 3rd edition in Abu Dhabi, UAE. The two companies will cooperate on areas of Ethical AI, joint product development.
Immerso AI with their access to trillions of licensed training data and brand partnerships in the Middle East and South Asia will work closely with Gewan AI on joint AI projects in the region, propagate the principles of Ethical AI with other clients and partners and develop cutting edge foundation models in the sectors of secure media transmission, entertainment, education, digital humans and commerce.
“The application of Generative AI models & LLM’s within the region is eminent with the evolution of deep technology,” said Ali Hussein, CEO of Immerso AI. “Localization and customization is going to be a large part of product adoption and we are excited to work with Gewan AI in product Integration to drive value and further extended our investments in the UAE and the Middle East”
Waleed Alhadhoud, Chief Executive Officer from Gewan AI mentioned, “Our suite of AI services is meticulously designed to elevate your business, through smart solutions that can be embedded in current IT technologies to empower these technologies with AI features and services.
Gewan AI hub & Smart Solutions together with Immerso AI would boost Generative AI Models development to be specific to industry and objectives. We are excited on our partnership to further scale our development to reach to partners and clients across the world.”
Generative AI is expected to hold immense economic potential. GCC countries are expected to reap about $23.5 billion in economic benefits by 2030 as investments in Generative AI. For businesses, Generative AI could generate value equivalent to anywhere between $2.6 trillion and $4.4 trillion in global corporate profits annually in 63 use cases where the technology could raise productivity, a recent study from the McKinsey Global Institute said. Generative AI is one of the biggest paradigm shifts of our generation, introducing a significant opportunity for government, empowerment and transformation.
About Immerso AI
Immerso AI is part of the Eros Investment Group and India’s largest player in the deep Technology and generative AI space based on intellectual property and licensed data. The core ethos of Immerso AI is to nurture the future of generative media via the development of foundation models to drive value to users, creators and brands. Immerso AI will develop and deliver multi modal foundation and specific models to work across industry segments. Immerso AI Park is the future space for Deep technology which will house Cloud & GPU Infrastructure, AI University and Generative AI startups and companies.
About Gewan AI
Gewan AI is a trailblazing technology company at the forefront of the artificial intelligence revolution. Driven by an unyielding passion for transformative change through AI, Gewan AI Hub and Smart Solutions is committed to revolutionizing industries and empowering businesses with intelligent solutions. The company foundation rests on the guidance of a visionary team of AI experts deeply devoted to pushing technological boundaries and unlocking the boundless potential of Artificial Intelligence. Hence, with the vision to harness the immense power of artificial intelligence to resolve complex challenges, optimize operational efficiency, and unearth fresh opportunities for businesses globally. MISSION We aspire to lead the global AI landscape, setting new standards for innovation, reliability, and value creation within the dynamic realm of artificial intelligence
About Investopia
Investopia is a global investment platform launched in 2021 by the United Arab Emirates to facilitate collaboration between investors, governments and business leaders and to connect the global investment community around opportunities in the new economies.
In its first two editions, Investopia brought together more than 3,200 participants from 58 countries, including more than 500 C-level executives, 180 founders and co-founders, as well as funds representing more than USD 500 billion in Assets Under Management. This comes in addition to its Global Talks series, which it has hosted in New York, Geneva, Milan, London, New Delhi, Mumbai, Cairo, Rabat, and Havana.
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