Abu Dhabi's AIQ Considers IPO Amid Booming AI

Abu Dhabi's state-owned oil and gas company and Presight AI are in talks to list AIQ, an artificial intelligence joint venture. AIQ's shareholders, who had previously considered selling their stake in 2023, are now planning to list as early as this year, according to unnamed sources.

Details of the move are being kept under wraps, but AIQ's move to consider an IPO comes amid growing interest and investment in artificial intelligence. AI is playing an increasingly important role across industries, and interest in the technology has fueled significant growth for AI companies like AIQ.

The rapid growth in AI investment has created many opportunities for technology companies. AIQ, a joint venture between Presight AI and ADNOC, is reportedly looking for an advisory partner to support its plans to list.

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With the rise of companies like AIQ and the rapid growth in the field of artificial intelligence, this could be a good time for investors to keep a close eye on this potential listing.