ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 23rd Sep, 2025) Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund Manager, today announced the launch of a global AI innovation fund (Presight–Shorooq Fund I) that aims to invest US$100 million in the next generation of AI breakthroughs. Mansoor Al Mansoori, Vice Chairman of Presight, witnessed the signing ceremony of the Presight–Shorooq Fund I. He said, “Abu Dhabi stands at the forefront of global AI innovation, and the world increasingly looks to the UAE as a trusted leader in AI development and deployment. The establishment of this fund in the Abu Dhabi Global Market symbolises the UAE’s leadership role in the global AI ecosystem, not only as a vital source of innovation and funding for the next generation of AI, but as a hub for talent and infrastructure. Thomas Pramotedham, Chief Executive Officer of Presight, said, “We’re combining Presight’s AI leadership with Shorooq’s investment acumen to fuel the next wave of AI innovation.