Dubai Holding and Palantir launch Aither to accelerate AI transformation across the UAE
Dubai Holding, a diversified global investment company with operations across more than 30 countries, and Palantir Technologies, a global leader in operational artificial intelligence (AI) platforms, have announced the launch of Aither, a joint venture (JV) aimed at driving AI-powered transformation across Dubai’s public and private sectors.
The partnership — Palantir’s first joint venture in the UAE — formalises an 18-month collaboration between the two organisations that has already delivered measurable results across Dubai Holding’s extensive portfolio, including real estate, hospitality, finance, and infrastructure.
The signing ceremony, held in Dubai 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, saw the agreement signed by Amit Kaushal, Group Chief Executive Officer of Dubai Holding, and Noam Perski, Executive Vice President at Palantir.
18 months of proven AI impact
Since early 2024, Dubai Holding has been leveraging Palantir’s advanced AI and data integration platforms across its diverse business units, achieving significant operational improvements including enhanced efficiency, faster decision-making, and improved data visibility. The collaboration has notably supported brands such as Nakheel, Meraas, and Jumeirah, underscoring Dubai Holding’s commitment to measurable digital transformation.
Institutionalising AI excellence
With the creation of Aither, Dubai will gain its first enterprise AI company dedicated to advancing AI adoption at scale. The new venture combines Palantir’s cutting-edge technology and engineering expertise with Dubai Holding’s deep market insights and operational experience to provide enterprise-grade AI solutions for government entities and private businesses.
Aither will directly support the Dubai Economic Agenda (D33), which seeks to generate AED 100 billion annually through digital transformation initiatives. By extending locally proven AI capabilities to key sectors, the venture aims to strengthen Dubai’s competitiveness, improve operational efficiency, and unlock new opportunities for innovation and economic growth.
The initiative also aligns with the UAE’s broader national digital transformation strategy, transferring technical knowledge, building local talent, and establishing robust AI governance frameworks to ensure responsible and sovereign AI development.
Leadership perspectives
Amit Kaushal, Group CEO of Dubai Holding, said:
“Through Aither, we are extending proven AI capabilities to the wider market, supporting Dubai’s digital ambitions and the UAE’s goal to accelerate economic diversification and strengthen its global leadership in the digital economy.”
Alex Karp, CEO of Palantir Technologies, added:
“We are proud to partner with Dubai Holding to empower institutions across the UAE with Palantir’s world-leading AI capabilities.”
Aither is set to become a cornerstone in Dubai’s innovation ecosystem, serving as a catalyst for secure, sovereign, and high-impact AI applications that deliver tangible business value — reinforcing the emirate’s position as a global leader in applied artificial intelligence.
