The Finance World Magazine| Edition: October 2023

Start-up
Unleashing AI Innovation: Exploring the
Landscape of Startups in UAE
Introduction: In recent years, the United Arab Emirates (UAE) has surged as a
dynamic hub for technological innovation, especially in Artificial Intelligence
(AI). This burgeoning AI startup ecosystem in the UAE has drawn both
domestic and international investors, researchers, and industry enthusiasts.
Within this context, this exploration delves into remarkable startups like
Fluid, Nybl, and Xpence, which are pushing the boundaries of AI technology
and establishing new benchmarks for innovation in the region.
FluidAi
Ahmed W Ismail,
CEO
FluidAI, under the leadership
of CEO Ahmed W Ismail, has
revolutionized the landscape
of tokenized market access within
the digital asset industry. Focused on
addressing the inefficiencies plaguing
crypto markets, FluidAI harnesses the
power of predictive AI-based models
to tackle issues like high volatility,
large price slippages, market manipulation
vulnerability, and flash crashes.
At the core of FluidAI’s innovative
approach lies a proprietary AI-driven
liquidity infrastructure that leverages
predictive modeling with an astounding
95% accuracy rate. Developed in
collaboration with esteemed academics
from institutions such as Imperial
College London and the Blekinge
Institute of Technology, this AI model
provides invaluable insights into
two critical aspects of digital asset
markets: predicted price and margin
of error.
FluidAI further enhances its offerings
with a Smart Order Router,
empowered by ultra-low latency technology,
ensuring seamless connectivity
with major exchanges to hedge exposures
and enhance liquidity.
FluidAI’s commitment to providing
institutional-grade solutions is evident
in its comprehensive pre-trade,
in-trade, and post-trade analytics.
This suite of services ensures optimal
execution for trades of all sizes,
whether large, medium, or small, and
offers users access to deep liquidity
consolidated from the most liquid
CEXs and DEXs.
To further enhance the user experience,
FluidAI has forged partnerships
with liquidity providers and market-makers,
enabling the platform to
offer ultra-low fees. This, coupled with
staking and rewards programs, trading
fee discounts, access to FluidAI’s
proprietary AI price-prediction model,
and the ability to follow and interact
with top traders within the FluidAI
network, positions the platform as
a leader in making tokenized market
access more efficient and accessible
for institutions, trading platforms, and
retail investors alike.
40 www.thefinanceworld.com October 2023