Abu Dhabi Developmental Holding Company (ADQ) has partnered with EQTY Lab, an AI solutions provider headquartered in Switzerland, to accelerate the responsible adoption of AI technologies throughout its portfolio.
Through its collaboration with EQTY Lab, teams will deploy a new AI integrity suite that aims to ensure ADQ’s AI models are reliable, secure and transparent, in line with the highest standards of AI governance. This collaboration is part of ADQ’s commitment to encouraging the adoption of best practices and driving transformation across its portfolio.
ADQ also focuses on consistently identifying and harnessing opportunities for sustainable value creation, transformation and growth to build future-proof sector leaders and national champions.
“Artificial intelligence is not only a technological revolution but also a new way of perceiving and interacting with the world,” stated Hamad Al Hammadi, deputy group CEO of ADQ.
ADQ and EQTY Lab partner to launch ClimateGPT
The partnership between ADQ and EQTY Lab began in 2023 with the launch of ClimateGPT, the first open-source AI model that specifically addresses climate change and sustainability.
It allows researchers, policymakers and business leaders to make informed decisions and drive resilient climate action by providing access to a multi-language model. Notably, the model incorporates over 300 billion pieces of climate-specific information from 10 billion web pages and millions of open-access academic articles.
Besides, Abu Dhabi’s Al Dhafra Solar PV, the world’s largest single-site solar plant, hosts the initial node of ClimateGPT. This ensures that the platform runs completely on renewable energy. ADQ and its portfolio companies, ADNEC Group, Etihad Rail, TAQA and Masdar, will be the first to deploy the AI technology in the UAE.
ClimateGPT aims to enhance the understanding of how climate change impacts the environment, society and the economy.
Read | AI: Driving radical innovation, unprecedented growth, and sustainable development
AI to boost Middle East’s GDP
By 2030, AI will make substantial contributions to the GDP of the Middle East across multiple sectors. AI’s largest economic impact will likely be from the construction and manufacturing sectors at $99 billion. Following closely are energy, utilities, and resources with a contribution of $78 billion by 2030. Finally, the public sector, encompassing health and education, will likely contribute $59 billion.
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