MENA Newswire News Desk: VERSES AI Inc., a leader in cognitive computing, announced today a new collaboration with Analog, an edge computing company, for the development of smart city projects in Abu Dhabi. The first initiative will focus on improving taxi fleet management through real-time data analysis. The project aims to utilize VERSES’ Genius platform to optimize fleet operations, reduce traffic congestion, and lower emissions.
The partnership brings together VERSES’ expertise in intelligent systems with Analog’s capabilities in smart sensors and mixed reality devices to create a seamless integration of technology within the city’s infrastructure. “We are excited to begin this commercial partnership with Analog,” said Gabriel René, CEO of VERSES. “Our Genius platform is perfect for smart city initiatives where multiple stakeholders are involved. It can unify data from different systems and provide continuous insights to optimize operations, leading to cost savings and enhanced efficiency for fleet managers.”
Alex Kipman, Founder and CEO of Analog, added, “Our vision of AI-powered edge computing aligns perfectly with VERSES’ mission of creating smarter cities. This project will not only deliver business value but also improve daily life by enhancing human skills and simplifying city services. Abu Dhabi’s commitment to technological advancement makes it an ideal location for our joint ventures.”
The pilot project, funded by G42, is expected to generate revenue of approximately $3 million for VERSES. It marks the beginning of a series of initiatives that the two companies will develop in Abu Dhabi, targeting sectors such as mobility, healthcare, and energy. By leveraging the Genius platform, future projects will address critical challenges in these sectors, working closely with industry stakeholders in the UAE. The partnership highlights Abu Dhabi’s drive toward a more connected and sustainable urban future.
