Dubai Holding and Palantir Team Up to Launch Aither, Fueling Dubai’s AI Ambitions

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Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum’s global investment holding company, Dubai Holding, and US-based software developer Palantir Technologies have announced a joint venture, Aither. ​This marks Palantir’s first JV in the Emirates.

​“This strategic joint venture with Palantir represents a transformative catalyst in Dubai’s AI evolution and a significant milestone in Dubai Holding’s own digital transformation journey,” said Amit Kaushal, group chief executive officer, Dubai Holding.

​The agreement requires 18 months of operational collaboration, which has already delivered measurable transformation across Dubai Holding’s portfolio. The JV will now scale these proven AI capabilities to strategic commercial sectors across the UAE.

​Since early 2024, Dubai Holding has deployed the US company’s AI and data integration platforms across its diverse operations, enhancing performance across sectors including real estate, hospitality, finance, and infrastructure, and supporting leading brands such as Nakheel, Meraas, and Jumeirah.

​Aither will act as a national platform to accelerate AI adoption across Dubai’s key industries, enabling both government and private-sector organisations to realise transformation at scale. Additionally, the JV will directly contribute to the UAE’s national digital ecosystem and support the Dubai Economic Agenda (D33), which aims to generate AED 100 billion annually through digital transformation initiatives.

​“Through Aither, we are establishing a platform to extend these capabilities to the wider market, enabling businesses to access world-class AI solutions made in Dubai. This will help advance Dubai’s digital ambitions, equipping the emirate with cutting-edge tools and capabilities to accelerate economic diversification, fuel innovation across priority sectors, and strengthen the UAE’s position as a leader in the global digital economy,” Kaushal added.

​”Palantir’s mission is to equip our friends and allies with the tools they need to win,” said Alex Karp, co-founder and CEO, Palantir Technologies. “We are proud to partner with Dubai Holding to deploy Palantir’s world-class AI capabilities and further bolster Dubai’s position as a global innovation hub.”