Saturday 27 February 2021

Samer Obiedat

Canada firm opens Dubai branch to offer AI solutions

DUBAI, October 17, 2018

Canada-based Stallion.AI, an artificial intelligence (AI) research and development company, recently launched a branch in Dubai offering advanced AI solutions in multiple languages including English and Arabic.

It will act as a one-stop shop for all AI-enabled solutions and products, a company statement said.

One of the value-added services it offers is to consult on behalf of enterprises in determining what their AI needs are and offering the right technology strategies, data strategies and business solutions.

Stallion.AI has a team of top PhDs and machine learning experts, data scientists, engineers, and talents with expertise from the best AI R&D labs in the world, and proven experience in diverse AI and machine learning solutions for government and corporate clients across different industries, according to the statement.

“Our mission is to empower Mena’s future economy by helping public and private enterprises rapidly apply AI and machine learning to achieve short and long-term goals and create additional value”, said Samer Obiedat, chief executive officer. “To achieve this goal, we have partnered with many of the world’s greatest minds in the AI industry”.

At Stallion.AI, some of the AI solutions include:

(1) Multilingual chatbots which are designed to cater to the needs of the retail, hospitality, banking, healthcare, real estate, and other consumer-facing sectors. Their sophisticated technology understands more than 90 per cent of customer queries and provides a 24/7 customer-interfacing portal. Although the common risks associated with AI includes anxiety over human replacement, Stallion offers their clientele expert advice not only on exploiting AI solutions but on maximizing human potential in other high-value business related tasks;

(2) Document Analysis Technology that processes and analyzes English and Arabic documents within seconds and provides a holistic analysis including risk and control identification.

Obeidat explained: “Large enterprises are currently spending hundreds of thousands of hours every year on manual review of agreements, reports, and audits ….  Stallion is offering this technology to different government bodies and large banks in Canada and Switzerland, and currently negotiating deals with many other large enterprises in the middle east”.

This state-of-the-art technology also plays a big role in the future of Human Resources as it is able to analyze thousands of résumés and extract key professional and educational elements suited to each job description;  

(3) Image Analysis and Interpretation Systems that methodically examine huge volumes of video data, from street cameras, retail space cameras, mobile cameras and aerial platforms to:  estimate crowd sizes and movements; perform facial recognition and vehicle recognition; identify shopping patterns and detect security risks.

Stallion.AI is building the worlds’ first bilingual chatbot for the healthcare sector to help patients chat with their virtual healthcare assistant to check doctor’s availability, book appointments, check the validity of their insurance cards, pay for their visits, and request their medical reports without leaving the comfort of their homes.

This technology will not only save patients time, money and effort but will also save hospitals over 40 per cent of their operating expenses across different departments. Investifai has leveraged Stallion’s AI capabilities by procuring a deep learning technology called Reckon 360 which manages investment portfolios without any human interference.

 “Just to be clear, this is not another robo-advisor. This is an advanced AI technology (Deep Learning tech) that we’ve built during the last couple of years and is able to generate higher risk-adjusted returns even during market turbulences,” Obeidat said.

“Our intelligent portfolio comprises of over 10 different asset classes in over 70 countries around the world and is able to reallocate assets based on what’s happening in the global markets,” he added.

The same team also offers Sefwa, the world’s first AI-powered Islamic investment fund.

The company is currently offering a one-hour free evaluation to public and private enterprises who wish to strategize the inclusion of AI into business-related processes. – TradeArabia News Service

Tags: Dubai branch | Ai |

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