Abu Dhabi's G42 forms big data JV with Israeli defence company Rafael

Abu Dhabi-based technology company Group 42 (G42) has formed a joint venture with Israel's state-owned Rafael Advanced Defense Systems to commercialize artificial intelligence and big data technologies, the companies said on Monday.

The joint venture, called Presight.AI, will have a research and development site in Israel and will develop products for sectors including banking, healthcare, and public safety, to be sold in Israel, the United Arab Emirates, and internationally.