Strategic partnership between PreSight and NodeShift to expand sovereign AI solutions globally
Abu Dhabi, March 27, 2017 – PreSite and NodeShift, which specializes in sovereign artificial intelligence, announced a strategic partnership that includes joint cooperation to bring solutions to the market and investment support aimed at expanding the scope of adoption of sovereign artificial intelligence across international markets.
It was part of the first batch of NodeShift, the NodeShift AI accelerator program, and received an investment through the venture capital arm of BriSight, a global AI innovation fund, “Brisight Fund – Shorouk 1,” which aims to invest $100 million in the next generation of artificial intelligence innovations.
As part of NodeShift’s participation in the first batch of the PreSight AI Accelerator Program, the company underwent a comprehensive six-month assessment that included technical readiness, data sovereignty, regulatory compliance, enterprise-level scalability, and market alignment.
Following this transaction, the Presight Fund – Shorouk 1 made a significant investment in NodeShift, reflecting strong belief in the company’s technology, its leadership team, and its long-term growth potential.
The strategic partnership brings together PreSite’s commercialization and go-to-market capabilities, its global relationships with enterprises and government agencies, its expertise in AI applications, and NodeShift’s secure and compliant sovereign AI infrastructure.
The two companies will work together to implement joint initiatives that enable organizations to deploy AI solutions that meet stringent requirements related to data sovereignty, privacy, and regulatory compliance.
“From the first presentation the NodeShift team made during the BriSight AI Accelerator, it was clear that the team had the vision, capacity and ambition to build a truly outstanding project,” said Majzan Kenesby, Chief Growth Officer at PreSite, “and this partnership and investment underscores the tangible value that our accelerator program has already begun to deliver, by identifying high-potential AI technologies and scaling them through a real commercial engagement.”
Since joining the accelerator program, NodeShift has reached out to potential customers across multiple sectors, and is currently working on a proof-of-concept project with the UAE Central Bank.
In parallel, the company is in active discussions with additional Brisight clients, enhancing the platform’s applicability in mission-critical and regulated environments.
Mihai Markota, Co-Founder and Chief Operating Officer of NodeShift, said: “The partnership, along with the investment from the BriSight-Shurooq 1 Fund, represents a major milestone on NodeShift’s path. Brisight’s global presence, deep cross-sector experience, and credibility across the public and private sectors greatly enhance our ability to scale, while enabling us to continue delivering AI solutions that meet the highest security and compliance standards.”
Through this strategic partnership and investment, PreSight and NodeShift are jointly positioned to meet the growing global demand for sovereign AI, by combining advanced infrastructure, investment support, and coordinated implementation in markets across sectors and geographies.
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