Investing.com -- Abu Dhabi National Oil Co. and data analytics firm Presight AI Holding Plc are reconsidering plans to list their joint venture, AIQ, according Bloomberg, citing sources familiar with the matter. The potential listing comes as the artificial intelligence sector experiences a boom.
The state oil firm and Presight have reportedly invited companies to propose their services for AIQ’s potential listing. The shareholders of AIQ, who had previously considered a share sale in 2023, are now contemplating a listing as early as this year.
The information remains private, with the sources requesting anonymity. The venture’s decision to revisit the listing comes amid a significant increase in interest and investment in the artificial intelligence sector.
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