DMCC-QX Lab AI pact to advance hybrid generative AI solutions for businesses

  • Date: 13-Feb-2024
  • Source: The Gulf Time
  • Sector:Oil & Gas
  • Country:UAE
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DMCC-QX Lab AI pact to advance hybrid generative AI solutions for businesses

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) has partnered with the Dubai-based artificial intelligence firm Qx Lab AI as it gears up to launch the DMCC AI Centre later this year. Through its ‘Ask Qx’ platform, Qx Lab AI offers generative AI capabilities that can be integrated into services such as online chat functions ...

DUBAI / WAM

Dubai Multi Commodities Centre (DMCC) has partnered with the Dubai-based artificial intelligence firm Qx Lab AI as it gears up to launch the DMCC AI Centre later this year.

Through its ‘Ask Qx’ platform, Qx Lab AI offers generative AI capabilities that can be integrated into services such as online chat functions or used by businesses and individuals to enhance productivity. Ask QX’s unique neural architecture offers unprecedented scalability for the product, providing a digital infrastructure that can benefit firms by reducing overall computational power costs, building up platform security, and creating a protective shield against potential data breaches. With this groundbreaking technology, QX Lab AI aims to become the first AGI company in the world to access and leverage 372 billion parameters.

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “In a short space of time AI has emerged as the