LocAI

Last updated
LocAI Ltd.
Company typePrivate
IndustryArtificial Intelligence and Technology Services
FoundedJune 2023
Founder Mohammad Abu Sheikh and Hasan Abu Sheikh
Headquarters Abu Dhabi, United Arab Emirates
Key people
Mohammad Abu Sheikh (founder, CEO), Hasan Abu Sheikh (co-founder, VP of Products)
ProductsRazi | Specter | Sinan | Mira | Iqraa | Mofkrah
Website https://www.locai.ai/

LocAI Ltd. is an AI and technology services company specializing in artificial intelligence, founded in Abu Dhabi, UAE. The company was established in June 2023 by Mohammad Abu Sheikh and Hasan Abu Sheikh. [1] [2]

Contents

In November 2023, LocAI completed an initial round of investment, raising US$150 million.

Overview

LocAI focuses on creating artificial intelligence technologies for specific regional challenges faced by businesses in the UAE and GCC region. The company is headquartered in Abu Dhabi, UAE. As of August 2024, LocAI employs approximately 150 people. Mohammad Abu Sheikh is founder and CEO and Hasan Abu Sheikh is co-founder and VP of Products. [1] [3]

LocAI offers several AI-powered products for various industries, including Razi [4] (a platform that serves the healthcare sector), [5] Specter [6] (developed for the legal industry), Sinan [7] (designed for the construction industry), [8] Mira [9] (focuses on customer experience, utilizes AI to optimize voice and chat interactions), [10] Iqraa [11] (aimed at the education sector), and Mofkrah [12] (focuses on meeting management, offering features such as automated transcripts and summaries for virtual meetings).

A central tenet of LocAI’s approach to AI is something they term, "hyper-localization" whereby AI solutions are customized to reflect regional nuances, languages, and regulations, ensuring relevance and compliance across diverse markets. [13]

Related Research Articles

Politics of the United Arab Emirates take place in a framework of a federal presidential elective constitutional monarchy. The United Arab Emirates (UAE) is a federation of seven constituent monarchies: the Emirates of Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.

<span class="mw-page-title-main">United Arab Emirates</span> Country in West Asia

The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal, elective monarchy composed of seven emirates, with Abu Dhabi as its capital. It shares land borders with Oman to the east and northwest, and with Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran, and with Oman in the Gulf of Oman. As of 2024, the UAE has an estimated population of over 10 million, of which 11% are Emiratis; Dubai, is the most populous city, and is an international hub. Islam is the official religion and Arabic is the official language, while English is the most spoken language and the language of business.

<span class="mw-page-title-main">E 11 road (United Arab Emirates)</span> Road in the United Arab Emirates

E 11 is a highway in the United Arab Emirates (UAE). The longest road in the Emirates, it stretches from the Al Batha border crossing at the Saudi Arabia–UAE border in al-Silah in the al-Dhafra region of the Emirate of Abu Dhabi and ends at the Oman–UAE border crossing of al-Darah in al-Jeer, Emirate of Ras al-Khaimah, running roughly parallel to UAE's coastline along the Persian Gulf. The road forms the main artery in some emirates' main cities, where it assumes various alternate names —Sheikh Maktoum Bin Rashid Road and Sheikh Khalifa bin Zayed Road in Abu Dhabi, Sheikh Zayed Road in Dubai, Al Ittihad Road in Sharjah Emirate and Ajman Emirate, and Sheikh Muhammad bin Salem Road in Ras al-Khaimah.

<span class="mw-page-title-main">E 311 road (United Arab Emirates)</span> Road in the United Arab Emirates

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<span class="mw-page-title-main">Bashir A. Tahir</span>

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Abu Dhabi is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second-most populous city, after Dubai. The city is situated on a T-shaped island, extending into the Gulf from the central-western coast of the UAE.

<span class="mw-page-title-main">France–United Arab Emirates relations</span> Bilateral relations

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<span class="mw-page-title-main">China–United Arab Emirates relations</span> Bilateral relations

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Events in the year 2022 in the United Arab Emirates.

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References

  1. 1 2 Sheikh/Viewpoint, Mohammad Abu. "AI Set for Unprecedented Growth". Khaleej Times. Retrieved 2024-08-29.
  2. "Smpl Holdings launches $10 million fund to boost tech and AI startups across MENA". gulfnews.com. 2024-06-25. Retrieved 2024-08-29.
  3. "Yapay Zeka Benzeri Görülmemiş Bir Büyüme için Hazırlandı - Dubai Haber" (in Turkish). 2024-06-27. Retrieved 2024-08-29.
  4. "Razi". razi.ai. Retrieved 2024-09-12.
  5. "iON to power Razi Healthcare". www.tcs.com. Retrieved 2024-08-29.
  6. "Specter".
  7. "AI in Construction Sector".
  8. التلاوي, منة. "المعماري العثماني "سنان".. قصة الرجل الذي صنع لتركيا تصميم مساجدها الفريد". الجزيرة نت (in Arabic). Retrieved 2024-08-29.
  9. "Mira - AI Voice Agent". www.getmira.ai. Retrieved 2024-09-12.
  10. sysadmin (2024-03-07). "ميرا موراتي: سيدة الذكاء الاصطناعي ورائدة الأعمال". بوابة الذكاء الاصطناعي (in Arabic). Retrieved 2024-08-29.
  11. "IQRA'A". www.iqraa.ai. Retrieved 2024-09-12.
  12. "MOFKRAH - Automate your meeting Notes". www.mofkrah.ai. Retrieved 2024-09-12.
  13. "LocAI Tech Careers in Dubai & Saudi Arabia". zerotaxjobs.com. Retrieved 2024-10-07.