Backed by Presight's AI expertise and Shorooq's strong investment track record, a new fund has been launched to connect visionary founders with strategic capital, mentorship, and access to a broad distribution network that includes the UAE, G42, and Presight's international customer base.

This fund will focus on investments in AI, machine learning, and data analytics across sectors such as smart cities, energy, fintech, AR/VR, Industry 4.0, and deep tech, aiming to foster innovation in these cutting-edge areas.

His Excellency Mansoor Al Mansoori emphasized Abu Dhabi’s leadership in global AI innovation and highlighted the UAE’s trusted role in AI development and deployment.

This AI investment initiative aligns with a recent UAE government campaign announced just a day earlier, which aims to position the country as the world’s startup capital by attracting 10,000 entrepreneurs and creating 30,000 jobs within five years.

The initiative also seeks to bridge ecosystems across East and West, showcasing the region’s resources and commitment to AI innovation, with a focus on scalable solutions capable of making a global impact.