During the Investopia event for the year 2024, a strategic partnership agreement was signed between “Geowan AI” and “Eros Investment” with the aim of supporting mutual collaboration and exchanging expertise in the field of artificial intelligence solutions and applications, in addition to innovation and modern technologies.
The agreement was formalized during the ceremony in the presence of Abdullah bin Touq Al Marri, Minister of Economy and President of the Investopia Initiative. The agreement was signed by Ali Hussein, the CEO of Immerso AI, a subsidiary of Eros Investment, and Dr. Ghada Al Hadeed, the General Manager of Geowan AI. This agreement falls within the efforts led by Investopia to support and enhance the spirit of initiative within the business community, as well as to revitalize startups and investments in the knowledge, creative, and technological sectors.
Walid Al Hadeed, the CEO of Geowan Artificial Intelligence, stated that the company is headquartered in Abu Dhabi and provides advanced artificial intelligence tools to markets serving various sectors such as security, health, media, and retail. The company aims to closely collaborate with the Ministry of Economy for mutual benefit in relevant AI projects in the region, with the goal of raising awareness about ethical standards of AI among customers and partners, creating an innovative business model that serves different sectors, including AI-based e-commerce systems, secure data transfer, entertainment technologies, and retail systems. Al Hadeed emphasized that they have designed a carefully curated range of AI-related services to enhance the operations of other companies by providing smart solutions that can seamlessly integrate with existing IT technologies and enhance them with AI-related advantages.
Dr. Ghada Al Hadeed, the General Manager of Geowan AI, stated that using AI patterns and giant language models like LLMs at the regional level carries immense added value, especially with the continuous advancement in deep learning technologies. She pointed out that her company is striving to improve generative AI models to meet the requirements and goals of diverse sectors. She expressed their enthusiasm for the new agreement, which will expand their development boundaries to include new clients and partners worldwide.
Ali Hussein, the CEO of Immerso AI under the umbrella of Eros Investment, stated that with the current technological advancements, it has become essential to adopt innovative AI models and other modern digital tools, especially with the increasing demand for adapting smart digital solutions to meet the varying needs of local markets. He expressed his excitement to cooperate and work with Geowan AI to integrate products to support value and continue expanding investments in the United Arab Emirates and the Middle East region.
Geowan Artificial Intelligence company is one of the leading companies in this field, focusing on ambitious goals to drive research and development towards achieving qualitative leaps in various industrial sectors. The company aims to support institutions by reaching innovative and smart solutions, leveraging unlimited AI capabilities to enhance operational efficiency and overcome complex challenges facing businesses.
Eros Investment directs its investments towards new generation fields such as intellectual property rights, blockchain technology, generative AI, and coding processes, in addition to the entertainment industry and electronic gaming. The company aims to build partnerships with individuals and institutions that share the same vision to create and launch pioneering and distinctive projects in these fields.
The agreement signed between the two companies aims to establish a cooperative framework in the AI sector to support joint efforts in research and development towards smart solutions, as well as for knowledge exchange and expertise sharing to produce innovative applications based on artificial intelligence to meet the needs locally and globally. Additionally, the agreement aims to…
This agreement serves as a new testament to “Investopia’s” dedication to supporting investors and actively engaged companies in the realms of modern economy, including artificial intelligence, highlighting the abundant opportunities in this sector, and encouraging the private sector to establish innovative and knowledge-based economic models. This is in line with the vision of “We the Emirates 2031” aiming to transform the UAE into a global hub and favored destination for modern economy and pioneering projects.
