Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Palantir Technologies, a global leader in operational artificial intelligence platforms, have announced a strategic agreement to establish a joint venture JV - Palantir's first in the UAE - named Aither. The partnership formalises 18 months of operational collaboration that has already delivered measurable transformation across Dubai Holdings portfolio and will now scale these proven AI capabilities to strategic commercial sectors across the UAE.
In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding and His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, the signing ceremony took place in Dubai between Amit Kaushal, Group Chief Executive Officer of Dubai Holding, and Noam Perski, Executive Vice President at Palantir.
18 months of operational successSince early 2024, Dubai Holding has deployed Palantirs AI and data integration platforms across its diverse operations, achieving greater efficiency, faster decision-making and improved data visibility - results that set this partnership apart from aspirational AI initiatives. The collaboration has enhanced performance across sectors including real estate, hospitality, finance and infrastructure, supporting leading brands such as Nakheel, Meraas and Jumeirah.
