Abu Dhabi, July 13 (WAM) - "9 Yards X", a company specializing in artificial intelligence, technology and innovation, which is part of the "9 Yards" holding group, today announced its acquisition of "Labib AI" as part of its strategic move to expand its presence in the field of artificial intelligence and enhance its capabilities in developing advanced technical solutions.

The step represents an important milestone in 9 Yards X's journey towards establishing itself as one of the fastest-growing companies in the fields of artificial intelligence, digital transformation, and advanced technical solutions, in line with the wise leadership’s vision for artificial intelligence in the United Arab Emirates.

Labib AI was founded in 2022 and includes a distinguished team of academic and scientific expertise in this field. It has developed a number of proprietary technologies in the fields of healthcare, smart cities, computer vision, large language models, and institutional automation.

Through this acquisition, the company will combine global academic research outputs with institutional application and expansion capabilities, contributing to providing a platform that accelerates innovation at a faster pace for government entities and private sector institutions.

Hussam Al Mulhem, CEO of 9 Yards Holding Group and Managing Director of 9 Yards X, said: “The acquisition of Labib AI by 9 Yards X represents a strategic investment in the future of advanced technology in the UAE. We are proud to welcome exceptional local talent, along with their intellectual property and innovations based on scientific research.”

9 Yards X offers advanced artificial intelligence solutions through an expandable technological platform that combines advanced data capabilities, large language models, computer vision, and intelligent automation to serve government entities and institutions. By integrating the expertise, intellectual assets, and technologies of Labib AI, the company will enhance its capabilities in this field, expand its portfolio of generative AI solutions, and accelerate innovation in strategic sectors, supporting the UAE’s vision to establish itself as a global leader in artificial intelligence.

Dr. Mohamed Yaqoub, founder of Labib, partner and CEO of AI at 9 Yards X, and associate professor of computer vision at the Mohammed Bin Zayed University for Artificial Intelligence, said: “The company was founded on the firm belief that advanced research should be translated into tangible impact. Joining 9 Yards X provides us with the potential, resources, and commercial capabilities needed to accelerate the deployment of our technologies and expand the reach of innovations developed in the UAE to a wider audience within the region and beyond.”

As part of the acquisition process, the capabilities, intellectual assets and technologies of Leap AI will be integrated into the 9 Yards X ecosystem to accelerate the development of advanced artificial intelligence solutions in strategic sectors including smart cities, government entities, healthcare, financial services, media and communications; the unified entity will focus on expanding existing platforms and solutions and strengthening its portfolio of generative AI, computer vision and intelligent automation technologies, contributing to supporting the knowledge economy and establishing the UAE as a leading global center for innovation, development and deployment of artificial intelligence solutions.

The move underscores 9 Yards X’s continued commitment to investing in local innovation and building a technology ecosystem capable of making a tangible impact across various sectors through practical and commercially viable AI solutions.