The Saudi Data and AI Authority (SDAIA, https://sdaia.gov.sa/en/) signed an MoU with AI Labs, Inc (www.ailabsinc.com) located in Tempe, Arizona, USA to develop Advanced Technologies and publish research articles on AI to serve communities and enhance quality of life.

The MoU was signed by His Excellency Dr. Esam R. Alwagait, Director of the National Information Center at SDAIA, and Dr. Bhasker Rao (Founder, AI Labs, Inc.), during the third edition of the Global AI Summit (GAIN), held in Riyadh, Saudi Arabia from Sep 10 to Sep 13, 2024.

The agreement aims to enhance cooperation between researchers and help them exchange expertise and information, transfer knowledge, and develop capabilities in AI research and innovation. It also allows the two parties to cooperate in Artificial Intelligence, Edge Computing, Robotic Process Automation, the Internet of Things, Neuromorphic Processors, AI data centers, and Research & Development, in in various fields such as Energy, Healthcare, Semiconductors, FinTech, Climate Change, Transportation, and Manufacturing.

"We're thrilled to join forces with SDAIA creating a powerhouse partnership that will propel AI-driven innovation and deliver cutting-edge solutions to our clients," said Bhasker Rao, Ph.D., Founder at Ai Labs Inc. "Together, we'll empower organizations to leverage AI's transformative power, unlocking new avenues for growth, efficiency, and success."

About Ai Labs Inc.: Ai Labs Inc. is a pioneering AI company dedicated to developing advanced solutions that harness the power of artificial intelligence and data analytics. The Company has its head office in Tempe, Arizona with offshore engineering centers in India and offices Saudia Arabia and Canada. Ai Labs uses its proprietary Enterprise grade Ai Engine (Minsky™) to develop and implement custom Ai Solutions for Generative Ai, ML, DL, NLP across all domains. With a focus on innovation and excellence, Ai Labs Inc. empowers businesses across industries to unlock new challenges by using Ai to Monetize Data and drive ROIs.

About SDAIA: The Saudi Data & AI Authority (SDAIA) is the competent authority in the Kingdom concerned with data and AI including big data. SDAIA is also the national reference in all matters related to the organization, development, and handling of data and AI; in addition, it has the original competence in all matters related to operation, research, and innovation in the field of data and AI.