Saudi platform i-bex, ScaleX Innovation ink MoU on AI solutions

Riyadh - Sharikat Mubasher: i-bex, the Saudi artificial intelligence (AI) platform, signed a memorandum of understanding (MoU) with the Tunisia-based ScaleX Innovation to cooperate in various fields, including AI smart chatbots, internet of things (IoT) solutions, and large language models (LLMs), the company announced in a press release.

The MoU aims to leverage both parties’ technologies to develop smart solutions that would help individuals and corporates to improve the quality of life, enhance their productivity, and explore new markets to enter.

The agreement was signed by Bassam AlKharashi, the CEO of i-bex, and Muhammad Al-Lawz, the CEO of ScaleX Innovation.

AlKharashi described the collaboration with ScaleX Innovation as a significant move toward cementing i-bex’s position in the Kingdom through developing and launching more innovative solutions.

He added that this partnership will also help i-bex to grow and expand in global markets.

Furthermore, Al-Lawz expressed his happiness for signing the MoU, stating that the Kingdom is going through a successful phase of digital transformation.

He noted that ScaleX Innovation plans to broaden its innovative solutions in the local market, and expand in new markets to support digital companies in improving their businesses.

i-bex is a Saudi AI platform that was launched in 2023 to develop various smart solutions for business’ owners.

Meanwhile, ScaleX Innovation is specialized in generative AI and LLMs, and it offers bespoke solutions that drive innovation, automate workflows, and enable unprecedented efficiencies for customers’ business.

Contribution Time: 27-Sep-2023 10:37 (GMT)
Last Update Time: 27-Sep-2023 11:20 (GMT)