Quddus Pativada, founder and chief executive of Dubai-based AI start-up ASI, believes the disparity in education can be addressed by equipping students with the right digital learning. Photo: ASI
Quddus Pativada, founder and chief executive of Dubai-based AI start-up ASI, believes the disparity in education can be addressed by equipping students with the right digital learning. Photo: ASI
Quddus Pativada, founder and chief executive of Dubai-based AI start-up ASI, believes the disparity in education can be addressed by equipping students with the right digital learning. Photo: ASI
Quddus Pativada, founder and chief executive of Dubai-based AI start-up ASI, believes the disparity in education can be addressed by equipping students with the right digital learning. Photo: ASI

Generation Start-up: How ASI delved into generative AI before it became cool


Alvin R Cabral
  • English
  • Arabic

It is November 2023 and Quddus Pativada is calm and confident as he waits to introduce the artificial intelligence platform he developed through his start-up, ASI – which he launched long before the emergence of ChatGPT – to Satya Nadella.

The chairman and chief executive of Microsoft – the biggest backer of ChatGPT's creator OpenAI – was in Abu Dhabi for a private event, and ASI was one of only two UAE start-ups given an audience with him.

For a 20-year-old entrepreneur once doubted for his perceived lack of experience and, of course, his age, their conversation turned out to be more than what Mr Pativada expected.

“Our conversation was incredibly technical … at least the bulk of it was. He was asking engineering questions and about the model's architecture,” he says.

That encounter was enough for Mr Nadella to name ASI one of his “favourite examples” of AI innovation.

“It was great … he was really curious to hear how we were doing some of the things we were doing.”

ASI, formerly known as DigestAI, is large language model-powered platform founded by Mr Pativada in 2017, six weeks short of his 18th birthday – and about five years before ChatGPT and generative AI became cool and sent the world into a frenzy.

The roots, however, go farther back. At 14, he dreamt of having something – anything – that could summarise his textbooks for him.

“When we started the company, generative AI wasn't a thing. From the beginning, we've always been an AI company, but we could have just capitalised on the hype itself,” he says.

But the inspiration stemmed more from what he describes as “disparities in education”, the most glaring example of which is the notion that only students in top schools have access to the best educators and, critically today, digital tools.

Mr Pativada believes that AI can help level the playing, or, in this case, studying field.

Generative AI is now widely used in education, and numerous other sectors. It has been used for its convenience, ease and accuracy – even though it is admittedly flawed and comes with certain risks.

Which is what ASI is trying to address with its platform, underpinned by responsible AI – and the start-up's emergence has caught the attention of not only Mr Nadella and the world's biggest software company.

Last November, the UAE Ministry of Education announced a partnership with ASI to develop an AI-powered tutor, “because the UAE-based pioneering educational technology company has achieved remarkable success in developing AI-based tutoring solutions”.

This is also aligned with the ministry's initiative to incorporate AI into the local educational sphere and boost the system, which it announced during last year's World Government Summit. The tutor platform was soft-launched in December.

The advent of AI-powered tutors are deemed to play a “significant role in integrating the role of teachers with AI”, Dr Ahmad Al Falasi, Minister of Education, said at the time.

For Mr Pativada, that was a big vote of confidence.

“We're looking to scale up the work that we're doing with the ministry … [which] itself has a very forward-looking vision on AI and its specific use in education, which was very different to what we were seeing internationally,” he says.

And, apparently, more established companies are taking notice – with a good number pitching an acquisition offer. But, would Mr Pativada cave in to something worth, let's say, billions of dollars?

“We had some pretty big companies approaching us for that – but we said no to all of them. I think our reputation among the corporate development teams now is that we're not for sale,” he says.

“We're mission-driven. We want to realise that mission, and we don't believe that mission is possible in legacy institutions. I think that requires a new way of looking at things.”

ASI has raised more than $3 million from investors in the UAE and the US, including US-based GSV Ventures, AI company Character and Mark Cuban, the billionaire entrepreneur and owner of the National Basketball Association's Dallas Mavericks, who has also taken on the role of ASI's adviser. A number of angel investors and smaller funds have also contributed.

The Mark Cuban Companies website says its aim with ASI is “to develop a personalised, cognitive tutor that helps every student learn faster, make better connections between information they already know and new concepts, and remember material for a lifetime”.

That's a modest amount compared to a good number of its start-up peers – and not bad either for being the result of sending a cold email to Mr Cuban at 9am, the time the investor checks his inbox, as Mr Pativada told TechCrunch in 2022.

It was also in contrast to his first attempts at securing funds for his start-up: while young entrepreneurs aren't new, the stigma of their age and inexperience tend to put investors off, which is what Mr Pativada had to deal with.

“When we first started trying to raise money, I reached out to over a hundred people on LinkedIn, like executives and angel investors in Dubai,” he says.

Seven people responded; none agreed to invest.

If I was 40 and I saw a 17-year-old pitch me something, I'm not sure I'd invest in them
Quddus Pativada,
founder and chief executive of ASI

Even he acknowledges that stigma: “If I was 40 and I saw a 17-year-old pitch me something, I'm not sure I'd invest in them.”

“But I'm glad those who didn't count me out and took a chance on me did that. I'm looking forward to proving them all right and proving the rest wrong,” he adds, stressing he holds no grudge against those who turned him down.

“I think it makes sense why they would discount a 17-year-old.”

While he is planning a series A round early this year, Mr Pativada says he is in no rush to raise more funds and is prioritising finding the right partners.

“There's tonnes of interest. We're just making sure that, like the UAE Ministry of Education, our [potential] investors are aligned with our mission and believe in a world where education is fair and equitable,” he says.

That interest extends beyond the UAE: Mr Pativada says ASI has spoken to companies in the US and UK, specifically those that have made initial public offerings.

He declined to name the organisations, but revealed that they are in industries such as construction and agriculture – epitomising the potential of ASI's platform.

“Even with the other companies we're speaking to, we're still taking the educational angle, such as how to upskill their workforce, make them smarter, or help them reduce the time it takes to understand something new,” he says.

“We don't want to stray too far away.”

Q&A with Quddus Pativada, founder and chief executive of ASI

Satya Nadella, chairman and chief executive of Microsoft (left), Quddus Pativada, founder and chief executive of ASI (right), and Raghad Aljughaiman, adviser to the UAE Minister of Education, during Mr Nadella's visit to Abu Dhabi in November 2023. Photo: Microsoft
Satya Nadella, chairman and chief executive of Microsoft (left), Quddus Pativada, founder and chief executive of ASI (right), and Raghad Aljughaiman, adviser to the UAE Minister of Education, during Mr Nadella's visit to Abu Dhabi in November 2023. Photo: Microsoft

What are your thoughts on the current state of AI regulation?

I think governments should spend less time regulating and more time innovating. I see the benefits of these new technologies and the aim to embrace and use them for the better. I don't think it's too slow, I don't think it's too fast; I think it is too early to create blanket regulations.

It's fair for a government to be concerned about the impact of this technology – that's something I don't have anything against, because there are risks that should be contained. But credit to the governments that are thinking about innovating rather than just regulating.

What has been your biggest challenge?

The answer to that probably changes on a daily or weekly basis. But I think our biggest challenge by far was definitely getting the company off the ground. I mean, as a 17-year-old, I wasn't even old enough to incorporate a company in most countries.

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Also, the technology itself is so incredibly complex, and we're an incredibly small team that every day for us is a stretch on bandwidth, working around the clock.

What do you do in your free time?

In the little, little free time I have, I like to spend with my family, parents and friends, because I care about them. I started ju-jitsu recently and have been doing that quite frequently, trying to get a workout in here and there.

What is your advice to budding entrepreneurs?

I have two: the first is start and the second is don't stop. I think not enough people start, and the people that do start stop too early. You need to start, have a vision for what you want the world to look like and then figure out what your role is in that vision. Once you figure that out, whether that's a company, project, or just something you're passionate about, just don't stop doing it.

One of the benefits of being young, and I know this personally, is there's very little risk. I can go back to university or crash my parents' couch. But people should be trying out new things, figuring out exactly what they're passionate about and keep going at it.

If you hadn't started ASI, what would you have done?

I would try to figure out something that's as impactful as what we're currently doing, whether that's on climate change or assistance for people with disabilities, to see if there's anything that can be done. I have an approach that's pretty diverse and wide.

But, honestly, if I wasn't working on ASI right now, I'd probably be in university, studying computer science or something, and getting my degree. I'm just incredibly fortunate and grateful that I have the opportunity to do I do and have a job as cool as this. And I don't think I'd want anything else.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

WHAT%20START-UPS%20IS%20VISA%20SEEKING%3F
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UAE cricketers abroad

Sid Jhurani is not the first cricketer from the UAE to go to the UK to try his luck.

Rameez Shahzad Played alongside Ben Stokes and Liam Plunkett in Durham while he was studying there. He also played club cricket as an overseas professional, but his time in the UK stunted his UAE career. The batsman went a decade without playing for the national team.

Yodhin Punja The seam bowler was named in the UAE’s extended World Cup squad in 2015 despite being just 15 at the time. He made his senior UAE debut aged 16, and subsequently took up a scholarship at Claremont High School in the south of England.

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Inside%20Out%202
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EKelsey%20Mann%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%C2%A0Amy%20Poehler%2C%20Maya%20Hawke%2C%20Ayo%20Edebiri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4.5%2F5%3C%2Fp%3E%0A
MATCH INFO

Everton 0

Manchester City 2 (Laporte 45 2', Jesus 90 7')

UAE SQUAD

 Khalid Essa (Al Ain), Ali Khaseif (Al Jazira), Adel Al Hosani (Sharjah), Mahmoud Khamis (Al Nasr), Yousef Jaber (Shabab Al Ahli Dubai), Khalifa Al Hammadi (Jazira), Salem Rashid (Jazira), Shaheen Abdelrahman (Sharjah), Faris Juma (Al Wahda), Mohammed Shaker (Al Ain), Mohammed Barghash (Wahda), Abdulaziz Haikal (Shabab Al Ahli), Ahmed Barman (Al Ain), Khamis Esmail (Wahda), Khaled Bawazir (Sharjah), Majed Surour (Sharjah), Abdullah Ramadan (Jazira), Mohammed Al Attas (Jazira), Fabio De Lima (Al Wasl), Bandar Al Ahbabi (Al Ain), Khalfan Mubarak (Jazira), Habib Fardan (Nasr), Khalil Ibrahim (Wahda), Ali Mabkhout (Jazira), Ali Saleh (Wasl), Caio (Al Ain), Sebastian Tagliabue (Nasr).

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

TEAMS

US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*

International Team
Hideki Matsuyama, Jason Day 
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*

denotes captain's picks

 

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
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ENGLAND SQUAD

Goalkeepers Henderson, Pickford, Pope.

Defenders Alexander-Arnold, Chilwell, Coady, Dier, Gomez, Keane, Maguire, Maitland-Niles, Mings, Saka, Trippier, Walker.

Midfielders Henderson, Mount, Phillips, Rice, Ward-Prowse, Winks.

Forwards Abraham, Barnes, Calvert-Lewin, Grealish, Ings, Kane, Rashford, Sancho, Sterling.

COMPANY%20PROFILE
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Updated: January 15, 2024, 4:00 AM