AQLANX gets an investment of $ 10 million to launch an Arab artificial intelligence platform
Dubai, May 11 / WAM / AQLANX, the UAE -based IQ, has announced an investment of $ 10 million from the Lakeba Group through its Doxai project, which represents an important achievement in the journey of digital transformation in the region.
This investment – which has been facilitated through the network of relationships supported by the next generation initiative of foreign direct investments – contributes to supporting AQLANX efforts to localize and expand the capabilities of Doxai in the field of institutional automation throughout the Middle East.
AQLANX, founded in the context of building an Emirati -made artificial intelligence technologies in Arabic, focuses on automating commercial operations, improving operational efficiency and developing institutional documents management of large companies.
The company’s road map is closely compatible with the Emirates Innovation and Digital Economy Strategy, which establishes the state’s position as a leading center for artificial intelligence and innovation -based projects.
Within the framework of its national capacity -building strategy, Aqlanx, Doxai and Lakeba held a strategic partnership with the University of Wongong in Dubai to create a center of excellence in the field of artificial intelligence. This initiative is concerned with developing local talents in the field of artificial intelligence, research and innovation directly in the UAE.
His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of State for Foreign Trade, who witnessed the signing of the partnership, said that the cooperation between AQLANX, Lakeba and Doxai shows the positive impact of the initiative of the next generation of foreign direct investment in stimulating strategic partnerships between sectors and confirms our commitment to developing a system that supported innovation and cooperation in priority sectors, such as artificial intelligence.
For his part, Giuseppe Porschelli, CEO of Lakeba and Doxai, said that this investment is not just capital, but rather our commitment to a common vision as well as AQLANX embodies the next stage of artificial intelligence in the field of companies in the Middle East, and we will provide our experiences, technologies and strategic resources to support its growth.
In turn, Dimitrio Rousseau, founder and CEO of AQLANX, stressed that in light of cooperation with Lakeba and Doxai, Aqlanx is ready to provide Arab artificial intelligence made in the UAE and for its sake, and we are building a center for innovation that reflects the aspirations of this region and enables its companies to lead globally.
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