IHC launches UAE-built global marketplace for AI

23/05/2025 02:03 AST

IHC, a global investment company focused on building dynamic value networks, has launched a pioneering marketplace for artificial intelligence solutions, powered by the first Emirati AI Marketplace Agent 'SAIF'.

The move is expected to reshape how AI is built, sourced, and deployed globally, said a statement.

SAIF has been designed as a user-friendly interface to help UAE and global developers to access and directly purchase Graphics Processing Units (GPUs), AI modules, and custom AI stack designs. SAIF speaks over 5,000 languages, can be accessed on mobile and PC, and is accessible through voice, text or video call. He has been created to embody UAE values of trust, hospitality, speed and precision.

Conceived, engineered, and developed in the United Arab Emirates, this marketplace is built in the UAE but designed for the world. It will serve as a transformative AI marketplace that empowers global developers to access, build, and deploy intelligent solutions seamlessly. As a catalyst for a new era in intelligent infrastructure, it reflects the UAE's and IHC's shared commitment to shaping a globally connected digital future, it said.

Currently, many developers are unable to access cutting edge AI computing chips, or GPUs, and Large Language Models (LLMs) because of the bulk scale of purchase required from providers. Using IHC's scale, the new initiative will help developers to procure the technology they need directly through the new marketplace.

Built with a vision to expand access to computational power and AI modules, the marketplace is designed to empower developers, companies, governments, and non-profit institutions to unlock the full potential of artificial intelligence. It will bridge the growing gap between demand for intelligent solutions and the complexity of sourcing and deploying them efficiently.

Syed Basar Shueb, CEO of IHC, said: "The UAE continues to lead from the front in digital innovation, and this new AI marketplace is a testament to what is possible when national ambition meets cutting-edge execution. Developed here in Abu Dhabi, it will redefine the relationship between humans and intelligent systems. IHC is proud to play a role in this transformation by building new capabilities that are born in the UAE and built for the world."

This initiative aligns closely with the UAE's long-term digital economy strategy and AI 2031 vision, which emphasize the critical role of advanced technology in shaping the nation's knowledge-based economy. It also reflects IHC's strategic focus on future-ready investments and its ongoing mission to accelerate digital transformation at scale.

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