"Presite" It reveals the first investments of its Artificial Intelligence Fund within its innovation system

ABU DHABI, March 17, 2017 (WAM) – Brisight revealed the first six artificial intelligence companies that were selected to receive investment support within its artificial intelligence innovation system, in a step that enhances the path of developing next-generation technologies for smart systems at the level of governments and institutions.

According to a press release issued today, these investments come within the “Brissite – Shorouk 1” Fund, which is a global fund worth $100 million that invests in companies in their early stages and was launched in partnership with Shorouk.

Five companies are headquartered in the United States and the UAE, and cover areas including sovereign AI infrastructure, specialized AI solution platforms in the capital markets, financial services and industrial sectors, and native edge intelligence systems.

These companies reflect BriSight’s focus on defining and supporting applied intelligence systems that are embeddable into complex, regulated operational environments, where reliability, flexibility and governance are key elements.

Investments in the field of world model engineering include AMI-Advanced Machine Intelligence, which contributes to the development of artificial intelligence architectures based on world models, designed to help machines understand and interact with the physical world, allowing deeper levels of reasoning, planning, and interaction in the real world, and goes beyond traditional predictive AI architectures. Founded by Yann Lucan, a Turing Award winner and former chief artificial intelligence scientist at Meta, AMI works to develop a new class of artificial intelligence systems that learn from spatial data and real-world data to model relationships. Cause and effect.

Headquartered in Paris, with offices in New York, Montreal and Singapore, the company initially focuses on enterprise applications in the manufacturing, aerospace, robotics and biomedical industries.

In the field of sovereign AI infrastructure, NodeShift provides organizations with a local, secure AI platform that enables users to use and deploy AI models while keeping all data within their own infrastructure.

NodeShift participated in the first batch of the BriSight Artificial Intelligence Accelerator Program, and has now concluded a strategic commercial agreement with BriSight to expand the scope of its solutions and proceed with joint initiatives to bring them to the market, which reflects the continued cooperation between BriSight and the startups participating in the program.

Investments in the field of specialized artificial intelligence for the capital and industrial sectors include Hebbia, which works to enhance institutional research and financial workflow in regulated capital markets, Candid Intelligence, which works to apply artificial intelligence capabilities to improve procurement and bidding processes in the infrastructure and public sector sectors, and Crunched, which transforms complex corporate and market data into faster models, deeper insights, and decision-ready analytics for investors and operators, through its advanced financial intelligence platform powered by artificial intelligence.

In the area of ​​secure native edge systems, the investment is from Blue, which relies on a voice model that enables voice agents to perform multi-step tasks directly on phones without the need for APIs or complex integrations.

PreSight’s comprehensive innovation ecosystem in the field of artificial intelligence represents the company’s strategic growth engine, as it is designed to identify, acquire, invest in, accelerate and incubate promising intellectual property in the field of artificial intelligence, ensuring that emerging technologies are developed and ready for deployment from day one.

The system consists of an investment fund in artificial intelligence, an accelerator program, and research and development laboratories.

Through the BriSight AI Accelerator Program, companies receive structured mentorship, access to world-class computing infrastructure, rapid paths to market with enterprise and government clients within the G42 and BriSight ecosystems, and technical integration support.

This model ensures that innovations align with actual operational and business requirements, facilitating mergers and contracting and building sustainable competitive advantages.

Strategic capital instruments such as the Presight-Shorouk Fund I enhance this path by providing early financing in line with the same investment thesis, enabling companies to expand within sovereign and regulated environments.

Through the integration of incubators, funding and deployment, PreSite creates a coordinated model for transforming AI innovations into intelligent systems that make a tangible impact in the real world.

Magzan Kenesby, Chief Growth Officer at Presight, said: “Artificial intelligence only achieves its sustainable value when it works within real systems, and our first investments reflect this firm conviction in the importance of secure infrastructure and specialized intelligence platforms in the capital and industrial sectors, as well as original secure edge systems. Each of these companies develops technologies designed for integration into complex and regulated operating environments, and by combining real operational environments, regulated incubators through the Presight Accelerator Program and strategic capital through the PreSite Fund – Shorouk 1, we establish clear paths from innovation to application – transforming advanced AI technologies into scalable intelligent systems.

Dr. Bilal Baloch, Partner at Shurooq, said: When launching this fund, our vision was to connect elite global AI innovators with the capital, regulatory support and market access that our region provides. Our investment in six very promising companies – after evaluating more than 1,000 investment opportunities outside our local markets and in just 120 days – reflects our progress towards achieving this vision. We believe that the fund can form a bridge between East and West in the field of artificial intelligence, and we are committed to accelerating further innovations. That will transform businesses and communities.

As Abu Dhabi continues to strengthen its position as a global hub for applied AI, the PreSight AI innovation ecosystem will continue to expand through new instalments and additional investment initiatives focused on energy systems, industrial autonomy, sovereign data infrastructure, and AI-native public services.

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