UAE finalist for Start-up World Cup spotted at 35th World AI Show
Dubai: The two-day 35th World AI Show, the longest running event in artificial intelligence kicked off in style and ended with the UAE finalist chosen for the Startup World Cup in Dubai on Wednesday. Affinsys, a startup running AI solutions for banks, telecom and insurance companies, won out of a shortlist of six yesterday after the jury took a live decision based on final pitches and voted for UAE's representation among 60-plus countries from where the World Cup winner will receive $1 million funding. Making the presentation and receiving the award was Aditya Bhagat, who co-founded the company three years back with friend and fellow banker Surya Prasad. "We need 3-4 million of funding for our expansion programme and if all goes well in September (for the Startup World Cup final round), this will be a big help. Meanwhile, the day featured a lot of brainstorming on problems, solutions and what the future holds in various aspects of artificial intelligence.
The event started smoothly with the focus on AI in transport where speakers discussed 'transforming cities to autonomous mode' and everyone agreed that the challenges remain on ground outside of driverless cars or semi-automatic modes, than the vehicles themselves. "Planes have been using auto-pilot technology for something like 70 years so we have come a long way," said Seham El Behissy, former Renault general manager, digital and connected cars. Author of research papers and an expert, El Behissy shared the dias with Dr Jassim Haji, president of International Group of Artificial Intelligence and who is working with road authorities in Bahrain and Angad Singh, the global director for innovation at Aramex. Noor Alnahhas, the CEO of nybl, another alumni of the Dubai Future Accelerators programme, gave the keynote speech and took the conversation beyond the day's agenda on a thoughtful note. "If we can tie the development to betterment of human life, investment is not a question.
Saeed Alhebsi, the advisor in the AI ministry of Human Resource and Emiratisation spoke about the UAE's Fourth Industrial Revolution strategy framework. CNN global director Rachele Peterson moderated a panel of experts on the use cases of AI, future implementation strategies of digital transformation, challenges in current practices and real-life examples on how the experts are solving them. All had various focus areas to approach but many agreed that unless the masses do not buy-in on the prospects, the growth rate will be hampered. Many speakers across different sessions touched on the positive impact of AI in the times of Covid-19. Day Two of the WAIS will feature an awards ceremony to celebrate some of the achievers in the field.
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