A partnership between the Holding Company and EQTY Lab to employ artificial intelligence technologies

Yesterday, ADQ Holding announced the conclusion of a partnership with EQTY Lab, a Swiss-based artificial intelligence solutions provider, with the aim of promoting the responsible use of artificial intelligence technologies within its portfolio of companies.

It stated in a statement that this partnership is in line with its portfolio management strategy, which focuses on identifying appropriate opportunities to add value, create tangible transformation, and achieve sustainable growth, which contributes to building leading national companies in their sectors, capable of keeping pace with needs and requirements in the future.

Artificial intelligence technologies are revolutionizing many sectors by enhancing efficiency, reducing costs, and providing new capabilities.

Some of the applications within ADQ’s diverse portfolio of companies include improving operational efficiency and productivity levels, enhancing climate action, stimulating innovation and supporting technical development, within key sectors, such as health care, energy, manufacturing, transportation and agriculture.

Through its partnership with the “EQTY Lab” platform, the work teams will employ “AI Integrity” tools to ensure that the artificial intelligence models of the “ADQ Holding Company” are reliable, safe, transparent, and compatible with the highest standards of governance, with the aim of establishing trust and principles of responsibility when using technologies. artificial intelligence.

These efforts fall within the framework of ADQ Holding’s efforts to encourage its subsidiaries to adopt best practices and promote digital and technical transformation.

Hamad Al Hammadi, Group Executive Vice President of ADQ Holding, said: “Artificial intelligence represents a technical revolution, provides new horizons for dealing with our world, and is characterized by great potential capable of changing sectors, enhancing efficiency, and providing innovative solutions.”

He added: “Our partnership with (EQTY Lab) reflects our continued commitment to enabling our portfolio of companies to experiment with automated technologies and artificial intelligence and employ them in a responsible manner, which paves the way for companies to prepare for the future and achieve national goals aimed at reaching an interconnected, prosperous and sustainable future.”