UAE: Data analytics firm, Presight, appointed Shariah-based asset manager Shorooq to manage a US$100 million global AI innovation fund. The Presight–Shorooq Fund I aims to identify and support the next wave of AI innovation – from Silicon Valley to Southeast Asia – with interests including smart cities, energy, fintech, AI/machine learning, augmented reality/virtual reality, GameDev, Industry 4.0 and deep tech.
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