Strategic agreement made between SenseTime and the Abu Dhabi Office
SenseTime is reportedly the world’s highest valued and fastest growing pure-play AIcompany.As an AI innovation platform,SenseTime is taking the lead in offering AI as a value creation tool to drive growth for businesses.The company is providing technology to enable autonomous driving, augmented reality, medical image analysis, remote sensing and photo quality enhancement to name a few.
ADIO will provide a comprehensive support package to aid the establishment of SenseTime’s EMEA R&D operations. The agreement marks a key milestone in the Abu Dhabi Government’s Ghadan 21 Accelerator Programme that is working to support innovation in industry as a means to diversify and build a knowledge -based economy for the Emirate.
Speaking at the signing of the agreement, His Excellency Saif Mohamed Al Hajeri, Chairman, Abu Dhabi Department of Economic Development (ADDED) said: “We are delighted to welcome Sense Time to Abu Dhabi. As part of the Ghadan 21 programme , we are helping some of the world’s best companies establish a presence in the Emirate to encourage innovation and create jobs of the future. This partnership is a critical opportunity for Sense Time to accelerate itsR&D road map, as well as its expansion in the region.SenseTime will act as an anchor to promote and stream line the adoption of AI technologies across industry and governments in the EMEA region.”
Currently,SenseTime operates out of offices in mainland China, HongKong, Singapore andJapan.The AI Centre of Excellence in Abu Dhabi will be the company’s first presence in the EMEA region. The regional centre will focus on developing AI capabilities acrosss even different industries including healthcare, remote sensing and education.
XuLi,Co-founder and CEO of SenseTime, commented:“The opportunity to build a significant operation in AbuDhabi will allow us to continue to progress the development of our technologies and increaset head option of AIacross the world.AbuDhabi offers us the ability to focus on innovation in key sectors, opens up a new customer base and importantly, a new talent pool.”
SenseTime has a growing roster of more than 700 leading clients including Ali baba Group, China Mobile,Qual command Honda.The new R&D centre, supported by the Abu Dhabi government, will work to develop product solutions for regional clients with local talent.
Elham Al Qasim, CEO of ADIO, commented:“SenseTime’s AI capabilities and developments will be of great value to businesses across the region. It will not only provide large companies across the region with AI technologies, but will also benefit from partnerships and collaborations with early- stage tech start-ups that are being established out of Abu Dhabi’s Hub71.ADIO is working to create a comprehensive ecosystem of tech companies at different stages of development, across a variety of industries.It will also provide a thriving environment for tech talent to establish careers and grow.”