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Bold Technologies and My Aion launch a $2.5 billion AI platform for smart cities

Bold Technologies and My Aion revealed plans to develop a $2.5 billion AI-powered platform that will debut in Abu Dhabi, United Arab Emirates.

Bold Technologies, based in Abu Dhabi and a subsidiary of the Bold Holdings conglomerate, has partnered with the international artificial intelligence company My Aion to launch a $2.5 billion smart city initiative aimed at transforming urban infrastructures through AI.

The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will be powered by Maia, a central AI engine developed by My Aion, and its goal is to optimize and manage mobility, energy, education, health, and digital services systems.

Daniele Marinelli, CEO of My Aion, said that the AI will know the user well enough to "recommend the perfect place for your anniversary dinner and book it for you without you lifting a finger."

The project will debut in Abu Dhabi before expanding internationally. Its launch is expected within 18 months.