Dubai Decrees Itself the A.I. City-State of the Future
So when the three co-founders of Dubai-based Derq, a traffic-safety startup, need to get to the carmaking capital of the U.S., they take a connecting flight on Air France through Paris or on Emirates through Boston. That typically means a four-leg, 32-hour round-trip for at least one of them once a month. It would be unthinkable for the startup, which uses artificial intelligence to predict and prevent car accidents, not to have a presence in the Motor City. So after securing a $1.5 million round of funding in October, the company opened a satellite office in Detroit. But although two of Derq's three co-founders were educated in the U.S., they aren't interested in basing their whole operation there.
Mar-12-2018, 12:30:37 GMT
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