At the China-UAE Reception celebrating 35 years of political relations, today, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, an agreement between the world’s pioneering Artificial Intelligence (AI) company SenseTime and the Abu Dhabi Investment Office (ADIO) was exchanged. As part of the strategic partnership agreement, SenseTime will establish the company’s EMEA R&D Headquarters in Abu Dhabi. Throughout the following five years, the organization’s AI Centre of Excellence is required to make hundreds of jobs, most of which will be exceptionally skilled engineers.
SenseTime is purportedly the world’s most elevated and fastest developing pure-play AI company. As an AI innovation platform, SenseTime is leading the pack in offering AI as a worth 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 complete support package to aid the establishment of SenseTime’s EMEA R&D operations. The agreement imprints a key achievement in the Abu Dhabi Government’s Ghadan 21 Accelerator Programme that is attempting to support innovation in industry as a means to diversify and build a knowledge-based economy for the Emirate.
Talking at the signing of the agreement, His Excellency Saif Mohamed Al Hajeri, Chairman, Abu Dhabi Department of Economic Development (ADDED) stated: “We are enchanted to welcome SenseTime 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 SenseTime to accelerate its R&D roadmap, as well as its expansion in the region. SenseTime will act as an anchor to promote and streamline the adoption of AI technologies across industry and governments in the EMEA region.”
Right now, SenseTime works out of workplaces in mainland China, Hong Kong, Singapore and Japan. The AI Centre of Excellence in Abu Dhabi will be the organization’s first presence in the EMEA region. The regional centre will concentrate on creating AI capabilities across seven different industries including healthcare, remote sensing and education.
Xu Li, Co-founder and CEO of SenseTime, commented: “The chance to fabricate a critical operation in Abu Dhabi will allow us to continue to progress the development of our technologies and increase the adoption of AI across the world. Abu Dhabi offers us the ability to focus on innovation in key sectors, opens up a new customer base and significantly, a new talent pool.”
SenseTime has a growing roster of more than 700 leading clients including Alibaba Group, China Mobile, Qualcomm and Honda. The new R&D centre, bolstered by the Abu Dhabi government, will work to create product solutions for regional clients with local talent.
Elham Al Qasim, CEO of ADIO, commented: “SenseTime’s AI capabilities and developments will be of incredible incentive to organizations across the region. It won’t just furnish huge 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 attempting to create a comprehensive ecosystem of tech companies at different stages of development, across a variety of industries. It will also provide a flourishing environment for tech talent to set up professions and grow.”
The establishment of the SenseTime EMEA R&D Headquarters is expected to start in 2019.