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Abu Dhabi launches $100M AI fund to support global startups in tech, energy, and fintech.
Presight and Shorooq have launched a $100 million AI innovation fund based in Abu Dhabi, targeting startups in artificial intelligence, machine learning, and data analytics worldwide.
The fund, established in the Abu Dhabi Global Market, supports ventures in smart cities, energy, fintech, Industry 4.0, and deep tech, offering not just capital but also access to cloud computing, GPU resources, secure data environments, and global distribution networks.
Backed by Presight’s technical expertise and Shorooq’s investment experience, the initiative aims to accelerate high-impact, scalable solutions and strengthens Abu Dhabi’s position as a growing center for AI innovation and global startup growth.
Abu Dhabi lanza un fondo de IA de 100 millones de dólares para apoyar a las startups globales en tecnología, energía y fintech.