During the Invest EU Egypt Conference, inaugurated by the
European Commission's H.E. President Ursula
von der Leyen and H.H. President Sisi in Cairo, Egypt, on Thursday, 29th June 2024, it was announced that Real AI has
entered into a strategic partnership with Progressio Solutions.
ASSEN, Netherlands, July 11,
2024 /PRNewswire-PRWeb/ -- During the Invest EU
Egypt Conference, inaugurated by the European
Commission's H.E. President Ursula von
der Leyen and H.H. President Sisi in Cairo, Egypt, on Thursday, 29th June 2024, it was announced that Real AI has
entered into a strategic partnership with Progressio Solutions.
Real AI B.V., a leading AI company based in the Netherlands, and Progressio Solutions, a
premier R&D, Consulting and Design powerhouse in Cairo, Egypt, announced today a strategic
partnership aimed at transforming the AI landscape across the
Middle East and North Africa (MENA) region.
This groundbreaking collaboration will combine Real AI B.V.'s
cutting-edge AI technologies with Progressio Solutions' deep
regional expertise and robust Research &Development
capabilities. The partnership is set to accelerate AI innovation
and adoption in key markets including Egypt, United Arab
Emirates (UAE), Kingdom of Saudi
Arabia (KSA), Oman, and
Qatar.
"Real AI B.V. and Progressio Solutions have joined forces to
create an AI powerhouse that will not only advance the Egyptian AI
ecosystem, but also serve the broader MENA market with
unprecedented capabilities," said Tarry Singh, CEO of Real AI B.V.
"By leveraging our joint strengths, we're poised to deliver
groundbreaking AI solutions in Robotics, AR/VR, and especially in
the rapidly evolving field of Generative AI."
The alliance will focus on bringing secure, private, and
localized Generative AI solutions to both institutional and
commercial clients across the region. This initiative builds on
Real AI B.V.'s recent announcement of developing Europe's premier open-source, human-centric
large language model (LLM), ensuring that cutting-edge AI
technologies are tailored to meet the specific needs and regulatory
requirements of the MENA region.
Yoeil Ashraf, CEO of Progressio
Solutions, added, "This collaboration marks a significant milestone
in the MENA region's AI journey. By combining Progressio's deep
understanding of local markets with Real AI B.V.'s advanced AI
platforms, we're set to unlock unprecedented value for our clients
and partners across various sectors. This partnership will also
allow us to expand our R&D capabilities in Egypt and the Middle
East, driven by Egyptians for Egyptians, thereby enhancing
our service offerings throughout the region."
The partnership aims to:
- Establish a center of excellence for AI research and
development in Cairo, fostering
local talent and innovation.
- Develop and deploy custom AI solutions for key industries
including finance, healthcare, and government services.
- Launch a series of AI-powered products specifically designed
for the MENA market, with a focus on Arabic language processing and
cultural adaptation.
- Provide comprehensive AI consulting and implementation services
to businesses and organizations across the region.
With ambitious growth plans, the partnership expects to double
its AI-related revenues in the MENA region within the next three
years and help create over 500 high-skilled jobs directly from this
partnership in AI and related fields as well as impact One Million
Egyptians through our capacity building and community programs.
"Our vision is to position the MENA region as a global AI hub,"
continued Tarry Singh of Real AI B.V. "By bringing our
European-built, secure, and ethical AI technologies to the region
and combining them with Progressio's local insights, we're not just
serving the market – we're actively shaping the future of AI in
this dynamic part of the world."
This strategic alliance between Real AI B.V. and Progressio
Solutions represents a significant step forward in bringing
advanced, responsible AI technologies to the MENA region, promising
to drive innovation, economic growth, and technological advancement
across multiple sectors.
About REAL AI B.V.
REAL AI is dedicated to developing innovative solutions and
products across various sectors, including healthcare, energy,
environment, education, banking, and services. The company's focus
on simplifying AI enables clients to assess, transform, and grow
their data assets. The company incubates projects to revolutionize
industry verticals with transformative, explainable, and impactful
AI, having conducted EU-funded projects in Healthcare, Ethics and
Energy. Among its notable endeavors is "Project Hominis" focuses on
developing a human-centric, bias-free multi-verse model to enable
equitable participation in society, exemplifying their commitment
to ethical and explainable AI
About Progressio Solutions
Progressio Solutions is a tech R&D company committed to
transforming the region's technological landscape one product at a
time. The company envisions a future where the Middle East is a hub of self-sufficiency,
renowned for its exceptional products and cutting-edge scientific
advancements. Powered by its Tech, Creative, and Consulting Houses,
Progressio operates horizontally across various technologies, and
its innovative solutions span industries such as healthcare,
education, and supply chain. Currently, Progressio is intensively
focusing on AI with its forthcoming initiative, 'Project AI/AR,'
which aims to combine AI and AR to deliver transformative solutions
not only for the Middle East but
for the global market.
For more information on Real AI B.V., please visit
https://www.realai.eu. If you would like to know more about the
project, please visit https://hominis.io. And for more information
on Progressio solutions, please visit
https://progressiosolutions.com/
Editorial note: for more information, please contact CEO /
Founder Tarry Singh at +31 850606349 or
tarry.singh@deepkapha.com
Media Contact
Tarry Singh, REAL AI, 31 850606349, tarry.singh@deepkapha.com,
https://deepkapha.com/
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SOURCE REAL AI