In a groundbreaking move, artificial intelligence company Presight AI Holding has secured a majority stake in AIQ, a technology joint venture between the Abu Dhabi National Oil Company (ADNOC) and G42. The new ownership structure, announced by the companies on Wednesday, positions Presight as a dominant player in the energy sector. Artificial intelligence (AI) continues to revolutionize various industries, and the recent acquisition of a majority stake in AIQ by Presight AI Holding underscores the profound impact of AI in the oil and gas sector. This strategic move signifies a pivotal moment in the evolution of AI technologies within the energy landscape, highlighting the growing importance of innovative solutions in optimizing processes and driving efficiency. With Presight’s acquisition of AIQ, the stage is set for transformative advancements that will shape the industry’s future. Founded with a vision to harness the power of AI for transformative solutions, Presight AI Holding has quickly established itself as a key player in the AI ecosystem. With a focus on innovation and strategic partnerships, the company has demonstrated its commitment to driving
A Game-Changer for the Energy Sector: Presight AI Holding Acquires Majority Stake in AIQ
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