Bold Technologies, which is based in Abu Dhabi, has established a subsidiary of Bold Holdings, a partnership with the MY AION AI to launch a $ 2.5 billion smart initiative that aims to transfer urban infrastructure through artificial intelligence.
Companies Declare Development of a platform called AIONITIA CROMITIVE CITY, which manages complex urban systems. The platform will be operated by MAIA, which is an essential engine of artificial intelligence developed by AION, and aims to improve and manage systems through mobility, energy, education, health care and digital services.
CEO of Ayon Daniele Marinelli He said You will know the artificial intelligence used well enough to “recommend the ideal place for the anniversary dinner and reserve it for you without raising a finger.”
The project will appear for the first time in Abu Dhabi before expanding internationally. It is expected to be launched in 18 months.
The project was organized by a $ 2.5 billion construction model (BOT), a partnership model between the public and private sectors of infrastructure and technology projects on a large scale. Under the model, private sector entities build infrastructure, operate and manage the system for a certain period. Companies usually recover their investments and earn profits during the operational stage. At the end of the period set by the parties concerned, ownership and monitoring of regulations that were developed through the BOT model to the government or public sector entity is transferred. The CEO of Bold Technologies Thani Al Thani Al Falasi said the initiative will support the creation of job opportunities for the United Arab Emirates. He said: “This initiative will support the creation of job opportunities for the citizens of the United Arab Emirates, the promotion of local innovation and a useful contribution to the national environmental system of Amnesty International.” Marinelli’s Marinelli said that the transition to Abu Dhabi provides its global operations for a new chapter. “The United Arab Emirates provides the infrastructure and institutional support necessary to expand the scope of responsibility and strategy,” said Marinelli. Cointelegraph connects with Bold Technologies and My AION for more information. Related to: No central for OORT AI TOP data in Google Kagge On May 20, Catera Labs, a project led by Sean Neville, co -founder of Circle, announced that he would create Amnesty International Financial Corporation. The project said that although artificial intelligence systems can use traditional forms of payment, they “gain the great powers” when they associate with Stablecoins. In addition, the co -founder of Binance and former CEO Changpeng Zhao He said At the TOKEN2049 event in Dubai that “the currency for artificial intelligence is Crypto”. Zhao said artificial intelligence can use Blockchain technology and has much more use cases than just launching symbols in one click. https://www.youtube.com/watch? magazine: Crypto Ai 34 % codes, why did you miss this kiss: AI Eye
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