Dubai Holding, Palantir Launch Aither to Drive AI Transformation
▼ Summary
– Dubai Holding and Palantir have established Aither, Palantir’s first joint venture in the UAE, to drive AI-powered transformation across Dubai’s public and private sectors.
– Aither combines Palantir’s AI technology with Dubai Holding’s local expertise and has already delivered measurable results in sectors like real estate, hospitality, finance, and infrastructure.
– The joint venture will accelerate AI adoption in Dubai’s priority industries, supporting the Dubai Economic Agenda D33 and contributing to the UAE’s digital ecosystem and economic diversification goals.
– Aither aims to localize the economic value of AI by transferring knowledge, developing national talent, and establishing governance frameworks for AI implementation.
– The partnership builds on 18 months of successful operational collaboration that enhanced efficiency, decision-making, and data visibility across Dubai Holding’s portfolio.
Dubai Holding and Palantir Technologies have officially launched Aither, a groundbreaking joint venture designed to accelerate artificial intelligence adoption across the United Arab Emirates. This initiative represents Palantir’s first JV in the UAE and establishes Aither as the premier enterprise AI company in Dubai. By integrating Palantir’s sophisticated AI platforms with Dubai Holding’s extensive regional knowledge and operational experience, the partnership aims to deliver powerful, scalable AI solutions to both public and private sector organizations.
The official signing ceremony was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, and His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs. The agreement was formalized by Amit Kaushal, Group CEO of Dubai Holding, and Noam Perski, Executive Vice President at Palantir.
Aither emerges from an 18-month operational collaboration that has already produced significant, measurable improvements across Dubai Holding’s diverse investment portfolio. During this period, Palantir’s AI and data integration technologies were deployed to enhance efficiency, speed up decision-making, and improve data visibility. These tangible results distinguish the partnership from purely theoretical AI projects. The successful implementation has positively impacted sectors including real estate, hospitality, finance, and infrastructure, benefiting prominent brands such as Nakheel, Meraas, and Jumeirah.
The new company will function as a national platform to drive AI adoption within Dubai’s key industries. By combining Dubai Holding’s market expertise with Palantir’s advanced software engineering, Aither institutionalizes enterprise-grade AI within the local economy. This approach is expected to boost operational efficiency, enhance competitiveness, and unlock new avenues for value creation. The venture directly supports the objectives of the Dubai Economic Agenda D33, which targets generating AED 100 billion annually from digital transformation projects.
Aither will also play a crucial role in localizing the economic benefits of Palantir’s technologies. This includes transferring knowledge to develop national AI talent and establishing governance frameworks to guide responsible AI implementation across commercial sectors. The joint venture is fully aligned with the UAE’s national digital transformation strategy and its broader economic diversification goals.
Amit Kaushal, Group Chief Executive Officer of Dubai Holding, commented, “Through Aither, we are extending proven AI capabilities to the wider market, supporting Dubai’s digital ambitions and the UAE’s goal to accelerate economic diversification and strengthen its global leadership in the digital economy.”
Alex Karp, CEO of Palantir Technologies, added, “We are proud to partner with Dubai Holding to empower institutions across the UAE with Palantir’s world-leading AI capabilities.”
(Source: MEA Tech Watch)
