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International Holding Company-backed AI and tech group G42 launched an edge computing company, Analog, during the World Economic forum in Davos yesterday, it said in a press release. No details were provided on how much G42 invested in the startup or whether the startup is backed by other investors.
About Analog: The startup will operate out of Abu Dhabi, and will focus on developing AI-driven solutions for edge computing, including by incorporating smart sensors to “establish a seamless connection between people, places, and things,” the press release said. The startup is headed by Alex Kipman, who formerly led the Microsoft team that developed its augmented reality headset, and was behind the Xbox Kinect motion controller.
Uh, Enterprise, what’s edge computing? Edge computing entails processing data near where it’s being generated through a network of devices, as opposed to processing data through a distant server, resulting in faster and more immediate results.
What they said: “We will be harnessing data coming from [mns] of sensors to help businesses grow their bottom line while devising solutions that are human-centric in approach,” Kipman said.
Analog is not looking for more funding at the moment, the National quoted Analog CEO Alex Kipman (LinkedIn) as saying. “We are a made-in-the-UAE company and, initially, we want to focus on this market only as we see massive potential here … gradually, we will decide on expanding to new markets,” he said.
