In a groundbreaking initiative to propel artificial intelligence (AI) adoption across the United Arab Emirates (UAE), Dubai Holding and Palantir Technologies have jointly launched Aither, a transformative venture designed to revolutionize both public and private sectors through advanced AI solutions. The announcement was made during a high-profile signing ceremony in Dubai, attended by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, and Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs. The agreement was formalized by Amit Kaushal, Group CEO of Dubai Holding, and Noam Perski, Executive Vice President at Palantir.
Aither represents Palantir’s first joint venture in the UAE and solidifies an 18-month collaboration between the two entities. Since early 2024, Dubai Holding has been integrating Palantir’s AI and data platforms across its diverse portfolio, which includes real estate, hospitality, finance, and infrastructure. This partnership has already yielded significant improvements in operational efficiency, decision-making speed, and data visibility.
Amit Kaushal emphasized that Aither is more than a technological initiative; it is a national platform aimed at institutionalizing AI excellence. “We are extending proven capabilities to the wider market, supporting Dubai’s digital ambitions and the UAE’s goal to accelerate economic diversification,” he stated. The venture aligns with the Dubai Economic Agenda D33, which seeks to generate Dh100 billion annually through digital transformation. Aither will act as a catalyst for this vision by providing scalable AI solutions to strategic sectors, enabling organizations to unlock new value streams and enhance competitiveness.
Palantir CEO Alex Karp expressed pride in the partnership, highlighting the potential to empower UAE institutions with Palantir’s world-leading AI capabilities. Beyond technology deployment, Aither will focus on localizing the economic value of Palantir’s platforms. This includes knowledge transfer, talent development, and the establishment of governance frameworks to ensure responsible AI implementation across industries.
Dubai Holding’s extensive portfolio, which includes real estate, hospitality, entertainment, media, and investments, provides a strong foundation for Aither’s operations. Brands such as Nakheel, Meraas, and Jumeirah have already benefited from AI-driven enhancements, setting a precedent for broader adoption. The joint venture underscores Dubai’s leadership in deploying secure, sovereign, and high-impact AI applications. By combining Palantir’s cutting-edge software with Dubai Holding’s market insight, Aither is poised to become a cornerstone of the UAE’s digital transformation strategy.