Abu Dhabi's Presight has selected 12 global AI startups for Cohort II of its AI Accelerator Program — including Washington-based MangoBoost, San Francisco-based Featherless AI and Delaware’s TheStage AI. The leading AI and big data company, part of the G42 ecosystem, chose the cohort from 376 applications across 62 countries. Selected companies will gain access to G42 and Presight's technical ecosystem, direct commercial pathways across the UAE and mentorship from Presight's international advisory board.

Why This Matters

The UAE is incubating the next generation of American AI innovation. From startup accelerators like Presight's program and Hub71 to participation in US frontier AI funding rounds, UAE firms provide the long-term capital and partnerships American tech companies need to scale. Presight's Cohort II integrates American AI innovation into the UAE's sovereign infrastructure ecosystem, giving US companies a platform to expand internationally.

“By bringing leading AI innovators from around the world to Abu Dhabi, the AI ecosystem we are building grows more powerful with every cohort, and we are reinforcing the UAE’s position as a home for applied and sovereign AI – where cutting-edge technologies are not only developed but deployed at scale.” – Thomas Pramotedham, CEO of Presight

Presight announces Cohort II of global AI companies joining its AI Accelerator Programme

Presight, a global leader in applied AI for intelligent systems, announced the 12 companies joining Cohort II of its AI Accelerator programme.

The companies were selected following a global application process that attracted 376 applications from 62 countries. Since April, Presight conducted a rigorous evaluation process involving application reviews, interviews, and detailed assessments, resulting in an initial shortlist of 33 companies before narrowing the field to 16 finalists who participated in virtual Pitch Days held in early June.

Collectively, the 33 shortlisted companies raised more than USD$341 million in capital, generated over USD$28 million in contracted annual recurring revenue, and achieved a combined valuation exceeding USD$2.1 billion, backed by the likes of Samsung Ventures, AMD, LG, Atlantic Labs, Airbus Ventures, KDB Capital, and Franklin Templeton, demonstrating the exceptional quality of applicants attracted to the programme.

Following the evaluation process, Presight selected 12 companies for Cohort II, expanding the intake for this cohort in recognition of the strong finalist group and the number of companies that successfully met the programme’s selection criteria....

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