The companies will focus on deploying AI-driven visual inspection solutions across a growing range of use cases, allowing for rapid deployment and customization
Abu Dhabi, UAE – November 21, 2024: - AIQ, the Abu Dhabi-based AI champion developing innovative solutions for the energy sector, announces a Strategic Collaboration Agreement (SCA) with Matroid to create the world’s largest computer vision artificial intelligence (CVAI) cluster for Oil and Gas. This collaboration will leverage advanced computer vision technologies to transform safety, sustainability, and efficiency across the sector.
Signed during ADIPEC 2024, the partnership aims to support AIQ’s mission to accelerate AI adoption across the energy sector. This strategic position aligns closely with Matroid’s vision to drive transformative, and sustainable change in industry.
Through the collaboration, AIQ and Matroid will focus on deploying AI-driven visual inspection solutions across a growing range of use cases, from real-time offshore rig monitoring to petrographic sample analysis, to pipeline safety inspections. This partnership will allow for rapid deployment and customization, meeting the evolving needs of the industry. By integrating technologies, this strategic collaboration will seek to redefine standards in operational efficiency, emissions, and safety.
Magzhan Kenesbai, AIQ’s Acting Managing Director commented, “This strategic collaboration allows AIQ to accelerate the development of computer vision tools that address critical needs in the energy sector. A selection of our products, such as CorroVision, WellInsight, RockInsight, SMARTi and many future products, heavily leverage computer vision technologies with deep learning and require specialized annotation with subject matter expert knowledge. By combining the two companies’ expertise, we are elevating the AI ability to provide recommendations or take remedial actions utilizing the analysis of extremely large numbers of digital images, videos, and other visual inputs.”
“At Matroid, we are committed to advancing AI solutions that uplift industrial processes to be more sustainable. Partnering with AIQ enables us to advance AI innovation and deliver impactful technology to enhance operational excellence and sustainability for Oil and Gas,” said Reza Zadeh, CEO of Matroid.
Matroid’s partnership with AIQ marks a major milestone in the energy industry’s AI evolution. Together, the companies are shaping a smarter, safer, and a more resilient future for Oil and Gas, with AI and computer vision at the forefront of global energy innovation.