- Humans.ai's blockchain for AIs has been adopted by RAK DAO to help empower a free zone for AI development and adoption. The operational partnership promises to reshape the landscape of AI technology in the region.
- Exclusive incentives await the first 100 AI-centered companies licensed with RAK Digital Assets Oasis.
- AI companies licensed by RAK DAO will gain access to finance and investment opportunities through grants programs, and venture capital partners.
- The partnership also encompasses exploring possibilities for establishing joint Accelerators, Venture Studios, or similar facilities to catalyze AI-driven entrepreneurship.
[Ras Al Khaimah, August 15, 2023] - RAK Digital Assets Oasis and Humans.ai have officially joined forces to usher in a new era of artificial intelligence innovation in the UAE Emirate of Ras Al Khaimah. The signing of a Memorandum of Understanding (MOU) marks the beginning of an operational partnership that promises to reshape the landscape of AI technology in the region within the world's first and only free zone dedicated to global digital and virtual assets companies.
This strategic partnership aims to offer exclusive incentive packages to the first 100 AI-centred companies establishing their presence in Ras Al Khaimah, providing them with unique advantages on a first-come, first-served basis. AI companies licensed by RAK DAO will gain access to finance and investment opportunities through government grants, matching programs, and venture capital partners. As the first company developing a framework for ethical AI and blockchain, as well as an all-in-one platform for AI creation and governance, the operational partnership will significantly grow RAK DAO's ecosystem.
RAK DAO has adopted Humans.ai's unique blockchain for AIs, as the collaboration aims to offer a robust blockchain framework that empowers AI companies licensed with RAK DAO, ensuring they can securely govern and run their AI models with transparency. Companies will also benefit from full access to leverage the Humans.ai network and its products, services, and tools, as well as comprehensive tech support and infrastructure for cloud computing to enhance their operational efficiency and expand their capabilities.
"We are thrilled to embark on this transformative journey with RAK DAO," expressed Sabin Dima, Humans.ai’s Founder and CEO. "This strategic partnership between Humans.ai and Ras Al Khaimah Emirate marks an important milestone in fostering innovation, technological advancement, and economic growth. By synergizing the blockchain and AI expertise of Humans.ai and the visionary support of Ras Al Khaimah, the RAK DAO initiative will create an ecosystem that encourages entrepreneurship and AI adoption in the region, making a lasting impact on the global AI landscape."
Dr. Sameer Al Ansari, RAK DAO’s CEO, echoed the sentiment, stating, "Our partnership with Humans.ai represents an extraordinary milestone for RAK DAO and Ras Al Khaimah. Together, we will create an ecosystem that fosters innovation, attracts AI-driven businesses, and propels Ras Al Khaimah to the forefront of AI technology."
RAK Digital Assets Oasis and Humans.ai will explore innovative opportunities to propel AI advancement, positioning Ras Al Khaimah at the forefront of AI technology adoption. The partnership also encompasses exploring possibilities for establishing joint Accelerators, Venture Studios, or similar facilities to catalyze AI-driven entrepreneurship. As companies within the RAK DAO free zone, participants will benefit from a streamlined, simplified, and efficient business environment, along with enabling infrastructure and workspaces tailored to their specific needs.