{"id":104731,"date":"2025-06-18T00:00:00","date_gmt":"2025-06-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/g42-partners-with-us-firm-on-ai-models\/"},"modified":"2025-06-18T00:00:00","modified_gmt":"2025-06-18T00:00:00","slug":"g42-partners-with-us-firm-on-ai-models","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/18\/g42-partners-with-us-firm-on-ai-models\/","title":{"rendered":"G42 partners with US firm on AI models"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TECH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>UAE\u2019s <\/strong><strong>G42 + Liquid AI partner on AI solutions:<\/strong> Abu Dhabi-based <a target=\"_blank\" href=\"https:\/\/www.g42.ai\/\" style=\"\" rel=\"noopener\">G42<\/a> has inked a broad commercial partnership with US-based tech solutions firm <a target=\"_blank\" href=\"https:\/\/www.liquid.ai\/\" style=\"\" rel=\"noopener\">Liquid AI<\/a> to jointly build, train, and commercialize efficient and generative AI models, according to a <a target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250617744482\/en\/ADDING-MULTIMEDIA-G42-and-Liquid-AI-Partner-to-Deliver-Private-Local-and-Efficient-AI-Solutions-to-Enterprises-at-Scale\" style=\"\" rel=\"noopener\">press release<\/a>. The models will be deployed across the Middle East, Africa, and the wider Global South.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The scope: <\/strong>G42\u2019s subsidiaries <a target=\"_blank\" href=\"https:\/\/inceptionai.ai\/\" style=\"\" rel=\"noopener\">Inception<\/a> and <a target=\"_blank\" href=\"https:\/\/www.core42.ai\/\" style=\"\" rel=\"noopener\">Core42<\/a> will be involved in the tie-up, which aims to roll out genAI stacks covering sectors including biotech, telecoms, investment, energy, and consumer electronics. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Dubai\u2019s <\/strong><strong>AfroVision\u2019s <\/strong><strong>Doballi platform lands in Ghana: <\/strong>Dubai-based IT firm AfroVision Technologies entered Ghana's market by launching its <a target=\"_blank\" href=\"https:\/\/www.doballi.com\/\" style=\"\" rel=\"noopener\">Doballi<\/a> digital platform with the support of Dubai Chamber of Commerce, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bk7sm0d-dubai-chamber-commerce-supports-expansion-firm\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The company partnered with Ghanaian outsourcing firm On Point Virtual Assistant to deliver IT training programs to help employment prospects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MSCI <\/strong><strong>has assigned building materials manufacturer Emsteel a provisional AA ESG<\/strong> <strong>rating<\/strong>, placing it among the top performers in the global steel industry, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/900.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The score reflects Emsteel\u2019s strong track record in managing carbon emissions and workforce health and safety, both rated at nearly double the global average. ING acted as ESG rating advisor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The rating follows Emsteel\u2019s launch of its green finance framework <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36572208-fb61-4a1c-88b2-1484835f43d5\/this-morning:-us-looks-to-fast-track-foreign-investments,-including-from-the-gulf-%2B-new-planned-hospitals-in-dubai\" style=\"\" rel=\"noopener\">last month<\/a> and a reported 23% cut in scope 1 and 2 emissions since 2019. The group is targeting a 40% emissions reduction in its steel unit and 30% in cement by 2030, with a goal of net-zero by 2050.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Ain Farms and Finland\u2019s FoodIQ partner on food tech: <\/strong>Al Ain Farms Group is partnering with Finland's FoodIQ to implement advanced food manufacturing technology in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/al-ain-farms-group-and-finlands-foodiq-join-forces-to-bring-first-of-its-kind-food-tech-to-mena-syubr5jj\" style=\"\" rel=\"noopener\">press release<\/a>. The joint development agreement will introduce FoodIQ's multi-layer cooker (MLC) system to the region \u2014 its first industrial-scale deployment outside Finland. MLC technology enables production of protein and dairy products, using a system that reduces energy use, water consumption, and production waste.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Al Ain Farms Group was formed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4cba6ba8-347c-4485-84fd-edba6796d7e8\/ad-ports-explores-green-energy-storage-jv-with-rotterdam%25e2%2580%2599s-advario\" style=\"\" rel=\"noopener\">last month<\/a>, bringing five local brands under one entity that is backed by Ghitha Holding and Yas Holding.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">BUSINESS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Swiss<\/strong> <strong>private markets giant <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.partnersgroup.com\/\" style=\"\" rel=\"noopener\">Partners Group<\/a><\/strong><strong> opened its new regional HQ in Abu Dhabi<\/strong>, as the firm looks to scale its footprint across the GCC and tap into a \u201ctechnology-led transformation of industries\u201d across the region, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/partners-group-establishes-new-regional-headquarters-with-opening-of-abu-dhabi-office-md84ul4z\" style=\"\" rel=\"noopener\">press release<\/a>. The new office will be headed up by Suhail Albaz (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/suhail-albaz-a58b8349\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), the group\u2019s chairman for the Middle East, Africa, and Central Asia. The firm has had an office in Dubai since 2010.<\/p>\n<p><strong>Why Abu Dhabi? <\/strong>Executive chair Steffen Meister said that Abu Dhabi is fast becoming a \u201ccenter of gravity\u201d for sectors including energy, advanced manufacturing, and digital services. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CRYPTO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DMCC<\/strong><strong>, Aqua-Index join forces on freshwater asset token:<\/strong> <a target=\"_blank\" href=\"https:\/\/dmcc.ae\/\" style=\"\" rel=\"noopener\">Dubai<\/a><a target=\"_blank\" href=\"https:\/\/dmcc.ae\/\" style=\"\" rel=\"noopener\">Multi Commodities Center<\/a> (DMCC) has inked an MoU with Israeli startup <a target=\"_blank\" href=\"https:\/\/aqua-index.com\/\" style=\"\" rel=\"noopener\">Aqua-Index<\/a> to support the rollout of the world\u2019s first asset token backed by verified freshwater reserves, the firm said in a <a target=\"_blank\" href=\"https:\/\/dmcc.ae\/latest-news\/dmcc-signs-strategic-mou-with-aqua-index-to-support-first-water-backed-digital-token?utm_campaign=6208772-DMCC%20Press%20Releases%202025&utm_content=335665489&utm_medium=social&utm_source=linkedin&hss_channel=lcp-34711\" style=\"\" rel=\"noopener\">press release<\/a>. The token will allow investors to trade and take delivery of drinking-quality water as a commodity. Aqua-Index will bring access to pricing data, hedging tools, and other trading products via DMCC\u2019s network.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CAPITAL MARKETS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong> <strong>Central Bank of the UAE revoked Sundus Exchange\u2019s license and fined the firm AED <\/strong><strong>10 mn<\/strong>, after uncovering anti-money laundering and combatting terrorism financing violations, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/931.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bahrain\u2019s Infracorp launches AED 600 mn development: <\/strong>Bahraini investment and development firm <a target=\"_blank\" href=\"https:\/\/infracorp.bh\/united-arab-emirates\/\" style=\"\" rel=\"noopener\">Infracorp<\/a> has launched sales for California Residences, a gated, mixed-unit community in Dubai\u2019s Wadi Al Safa, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/infracorp-unveils-california-residences-an-aed600mln-green-living-community-in-the-heart-of-dubai-fm28ndhn\" style=\"\" rel=\"noopener\">press release<\/a>. The development is valued at AED 600 mn, and is set to feature a mix of villas, townhouses, and apartments, and handover is scheduled for 2Q 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEFENSE-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Emsteel gets AA ESG rating from MSCI<\/p>\n","protected":false},"author":1,"featured_media":104732,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[1360,2360,47,610,29,157,107,1391,1400,1773,937,1853,7,1423,678,599,64,98,1341],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-dhabi","tag-al-ain-farms-group","tag-also-on-our-radar","tag-artificial-intelligence","tag-capital-markets","tag-central-bank-of-the-uae","tag-crypto","tag-debt","tag-defense","tag-dubai-multi-commodities-center","tag-edge-group","tag-emsteel","tag-enterpriseam-uae","tag-food","tag-food-and-beverage","tag-g42","tag-manufacturing","tag-real-estate","tag-tech","wpautop","entry"],"acf":{"mongo_id":"b2daf56c-fafb-41d5-ac67-483af3935830","order":"17","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1083.jpg","photo_position":"above","homepage_title":"","full_issue_title":"G42 partners with US firm on AI models","related_issue":[104699],"teaser":"Plus: Emsteel gets AA ESG rating from MSCI","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.14469477-c9b3-49eb-a57d-2182f9de4da5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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