Inception42, an AI-powered products and solutions company, has signed a Memorandum of Understanding (MoU) with Abu Dhabi-based NXT Holding to strengthen collaboration on artificial intelligence across the UAE and international markets.
The agreement establishes a strategic framework covering five key areas: AI consulting, training and upskilling, enterprise AI solutions, product distribution, and joint business development.
The MoU was signed by Ashish Koshy, Chief Executive Officer of Inception42, and Sara AlAhbabi, Director of SPVs and Portfolio Relations at NXT Holding. The partnership aims to accelerate responsible AI adoption by combining the strengths of both organizations.
Under the agreement, Inception42 will combine its sovereign, enterprise-grade AI capabilities with NXT Holding’s ecosystem of operating companies to deliver advanced AI solutions for governments and enterprises across multiple sectors.
The collaboration will cover strategic advisory, AI deployment, operational integration and technology implementation, enabling organizations in regional and international markets to accelerate AI adoption, enhance efficiency and unlock new opportunities through innovative solutions.
Sheikha Fatma bint Tahnoon bin Zayed bin Sultan Al Nahyan, Founder and Chairwoman of Sahm Holding, said that the partnership reflects the UAE’s commitment to translating its artificial intelligence vision into practical capabilities.
Ashish Koshy CEO – Inception42
“Inception is built to deliver sovereign, enterprise-grade AI at scale. Partnering with NXT Holding expands our ability to reach organizations that are ready to move from AI exploration to AI execution. This MoU enables us to combine our product and platform capabilities with NXT Holding’s market access and investment expertise, creating a powerful channel to drive measurable AI impact across the UAE and beyond.”
Fahmi Abubakar, Managing Director of Sahm Holding, said that, “NXT Holding was built for the structural shift that artificial intelligence represents in how economies and institutions operate. Our responsibility is to help governments and enterprises navigate that shift. The agreement with Inception expands on our delivery commitment, and we look forward to the value it will create.”
