Presight Partners with Microsoft to Launch AI Startup Accelerator

Presight, a leading global big data analytics company powered by AI, has signed an MoU with Microsoft to support the Presight AI-Startup Accelerator.

The AI-Startup Accelerator is intended to provide promising AI startups with a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the larger G42 ecosystem, and Presight's global markets, as well as venture funding opportunities to exponentially accelerate their growth and scalability.

As part of this collaboration, Microsoft will use its Founders Hub initiative to provide technical enablement, mentorship, and market acceleration.

The collaboration will benefit startups by offering high-performance computing, cloud services, and exposure to foundational AI models, such as large language models (LLMs) and generative AI-powered analytics.

Startups selected for the Presight AI-Startup Accelerator will also benefit from Microsoft's mentorship network, which will provide them with strategic and technical guidance throughout their journey.

Naim Yazbeck, General Manager of Microsoft UAE, stated, "We are excited to collaborate with Presight to support AI startups on their path to success. The Microsoft Founders Hub is dedicated to providing technical resources, mentorship, and go-to-market support, ensuring that startups have the infrastructure to innovate and scale. We will work with Presight to accelerate AI adoption and develop transformative solutions that will benefit industries around the world."

The Presight AI-Startup Accelerator, launched at GITEX Global last year, targets startups with prototypes ready for market testing. The program's structured curriculum assists startups in refining their AI-powered products, optimizing go-to-market strategies, and integrating with Presight's product pipeline, providing unrivaled cross-selling, networking, and promotional opportunities.

Graduates of the Presight AI-Startup Accelerator will be market-ready, having identified their product-market fit, demonstrated customer value, and established a viable business model.

By leveraging Presight and Microsoft's combined expertise, participating startups will gain access to world-class AI infrastructure, mentorship, and commercialization opportunities, positioning them for long-term success.

This initiative builds on Microsoft's $1.5 billion investment in G42 to drive AI innovation. Presight, as part of the G42 ecosystem, has already worked closely with Microsoft on several joint projects.