Fundz
Free weekly newsletter

Get the free weekly contract digest

The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

AIQ secures $340m contract to deploy AI solutions across ADNOC’s upstream operations

Mar 11, 2025over 1 year ago

Contract Type

contract

Abu DhabiArtificial Intelligence

Description

AIQ, a subsidiary of Presight, has secured a $340m contract from Abu Dhabi National Oil Company (ADNOC) to deploy its ENERGYai platform and associated AI solutions across ADNOC’s upstream operations. The contract follows the successful completion of a proof-of-concept phase and will see AIQ roll out ENERGYai to optimize ADNOC’s upstream processes.

Company Information

Company

AIQ and Inception

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

AIQ is a joint venture with Abu Dhabi National Oil Company (ADNOC) and has unveiled the ENERGYai solution at ADIPEC 2024. The solution is developed in collaboration with G42 and Microsoft, with plans to scale the solution across ADNOC’s full value chain. The acquisition of a majority stake in AIQ marked Presight’s entry into the energy sector and reflects its ambition to make strategic investments for growth.

Predictive Intelligence
Strategic

ML-powered predictions for AIQ and Inception's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.