Abu Dhabi is considering reliving the sale of ‘AIQ’ shares amid artificial intelligence surge

The Governmental Oil Company in Abu Dhabi and the Pressight Ai Holding Data Analysis Company made early plans to revive the inclusion of their joint project of artificial intelligence, people who are familiar with the matter. Abu Dhabi National Petroleum Company (ADNOC) and ‘Bressate’ have called on companies to offer offers for roles in the possible list of ‘AIQ’, according to the people who asked not to disclose their identity because the information is confidential. AIQ shareholders, who previously investigated the sale of shares in 2023, are now considering a person as soon as possible. No final decisions were made on the size or timing of the sale of shares. The AIQ assessed about $ 1.4 billion, the AI ​​was evaluated at $ 1.4 billion in May, when “Bressate” acquired the majority stake as part of the reorganization of shareholders in the Abu Dhabi entities. “Bressate” is funded by the majority of the company “G42”, which focuses on artificial intelligence, which is part of a rich worth $ 1.5 trillion under the supervision of Sheikh Tahnoon bin Zayed Al Nahyan. Adnoc, “aiq” and “prizet” refused to comment. A spokeswoman for “G42” said: “Aiq will inform us in time and through the appropriate channels about the updates on his strategic direction or institutional monuments.” Any agreement will come at a time when interest in artificial intelligence is increasing. Alpha data, which is scheduled to start trading in Abu Dhabi later this month, set the price of his first year to the highest planned series, and there was a request for all the shares offered shortly after the opening of the subscription to the agreement. The use of artificial intelligence in the energy field “aiq” in collaboration with “Microsoft” and “G42” on software to make the energy industry more efficient, and uses the agent of the agent to analyze large amounts of data. Adnoc CEO Sultan Al -Jaber said the company is aimed at using its applications to accelerate seismic surveys that long run from months to days and simplify the planning of planning fields and wells. Al -jaber also holds the position of Minister of Industry and Advanced Technology in the United Arab Emirates, which is the role he uses to consolidate the country’s goal to consolidate itself as a superpower in the field of artificial intelligence in the wave. Abu Dhabi government companies have turned into more US technology instead of components of China, as a way to win transactions with companies such as Microsoft. The Emirates lead efforts to build businesses that focus on data centers, artificial intelligence models and specific applications. The agreement will be added to a wave of new stock sales in the United Arab Emirates, which raised more than $ 6 billion in 2024. In Abu Dhabi, regardless of alpha data, the ‘Abu Dhabi Holding’ Company (ADQ) prepares for a preliminary public offer for ‘Etihad Air’. Meanwhile, IHC is studying plans to include a unit in an agreement that could estimate the value of the company at approximately $ 27 billion. In the neighboring Dubai, an investment enterprise owned by the ruler of the Emirate is two separate real estate portfolios to utilize the prosperous real estate market in the city.

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