According to a memorandum of understanding between the Abu Dhabi Investment Office, Mubadala and Roboris.

Developing innovative products to enhance self-driving and “Metaverse” technologies in Abu Dhabi

"Roboris" will study the possibility of establishing its regional headquarters in Abu Dhabi.

From the source

The Abu Dhabi Investment Office, Mubadala Investment Company "Mubadala", and "Roboris", the world's first full-size electric car racing championship, announced the signing of a Memorandum of Understanding (MoU) with the aim of accelerating innovation in the transport sector and promoting the integration between the real worlds. and virtual and e-sports development in Abu Dhabi.

Under the agreement, the three parties will work to discuss ways to develop innovative products based on self-driving technologies, and the infrastructure for Roboris' Metaverse technologies to facilitate and accelerate the adoption of autonomous vehicle technology on a larger scale, with a focus on sustainability. "Roboris" will study the possibility of establishing its regional headquarters in Abu Dhabi, and will also consider the possibility of organizing the upcoming seasons of the series of self-driving car races from Abu Dhabi and on its soil, in addition to cooperating with the Abu Dhabi Investment Office and "Mubadala" in developing "Metaverse" digital technologies for "Roboris". », and testing and simulating autonomous driving systems in specialized centers in Abu Dhabi.

The Abu Dhabi Investment Office, Mubadala and Roboris are among the most prominent and active names in the field of Fourth Industrial Revolution technologies, which focus on artificial intelligence and innovation as an important priority and a mainstay for future industries. The project will benefit from the advanced infrastructure in Abu Dhabi, which is considered one of the best around the world, in addition to the strategic assets owned by the Abu Dhabi Motorsports Management Company, providing access to the Yas Marina Circuit and its facilities, in addition to (Twofour54) as a destination for infrastructure, office space and production capabilities. Content and technology. The memorandum of understanding was signed by Badr Salim Sultan Al Olama, Executive Director of the Strategic Clusters Unit in the UAE Investment Sector at Mubadala Investment Company, Mohammed Al Dhaheri, Head of Infrastructure Partnerships at the Abu Dhabi Investment Office, and Chip Bankow, Head of Competition at Roboris.

Badr Salim Sultan Al Olama said: “As an investment company that is always keen to keep pace with future changes, we are active in pioneering areas of innovation and seek to contribute effectively in shaping the industries of the future.

Through this strategic agreement, we aim to bring in self-driving technology to the UAE, and to continue developing the technologies and uses of self-driving systems and the digital virtual world of Metaverse, to lay the foundations for a new and promising sector in Abu Dhabi in line with our efforts to promote economic diversification in the UAE.”

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