TLDR: Artificial intelligence is set to become the fundamental infrastructure of financial services, impacting areas from payments and digital currencies to risk management and compliance. Presight AI, a G42 unit specializing in data analytics and AI, is at the forefront of this transformation, particularly through its joint venture with the UAE Central Bank to develop sovereign AI platforms. Trust in AI technology is highlighted as a critical factor for its widespread adoption, with the Gulf region emerging as a significant global hub for AI investment and development, expected to substantially boost its economy by 2030.
Artificial intelligence is rapidly transforming the financial sector, with Presight AI’s chief executive, Thomas Pramotedham, asserting that AI will become the ‘backbone of the future of financial digital infrastructure’. This profound shift extends beyond traditional payments, encompassing central bank digital currencies (CBDCs), real-time settlement systems, and robust risk and compliance platforms, which are increasingly becoming AI-centric.
Presight AI, a prominent big data analytics company powered by AI and a unit of G42, is actively driving this evolution. The company recently launched a joint venture with the Central Bank of the United Arab Emirates (CBUAE) to build sovereign AI platforms. This strategic partnership, announced on July 22, 2025, aims to support the UAE’s Financial Infrastructure Transformation (FIT) program. The venture will be instrumental in developing and maintaining critical financial market infrastructures, including the CBDC infrastructure, the Instant Payments Platform (Aani), the Domestic Card Scheme (Jaywan), the National Card Switch, the Real-Time Gross Settlement (RTGS) system, and Open Finance (Nebras).
Pramotedham emphasized the importance of trust in AI adoption, drawing parallels to its foundational role in traditional banking systems. He stated, ‘The technology will become useful if they trust the technology.’ This sentiment underscores the need for ethical and reliable AI solutions in finance, a focus for Presight AI, which aims to deliver ‘actionable, trusted, and ethical’ AI.
The Gulf region is positioning itself as a global leader in AI investment and development. This strategic focus is expected to significantly impact the region’s economy by 2030, as governments, central banks, financial institutions, and public and private sector companies heavily invest in AI adoption. Abu Dhabi, in particular, is striving to be at the forefront of AI-enabled financial infrastructure in the Middle East and North Africa.
Presight’s commitment to this transformation is evident in its recent financial performance. The company reported an impressive 80 percent year-on-year increase in revenue in the first half of 2025, reaching over Dh1 billion ($296 million). This growth is attributed to strong domestic demand and expanding global operations. The UAE’s AI finance market itself is projected for rapid expansion, with forecasts indicating growth from $625 million in 2023 to $4.7 billion by 2032, reflecting a compound annual growth rate of 25.1 percent. This highlights the increasing necessity of AI for financial institutions to manage risk, enhance service delivery, and maintain global competitiveness.
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Presight is set to showcase its AI-driven fintech innovations at the Dubai FinTech Summit 2025, where it will serve as the ‘AI Industry Leader’ sponsor. The company’s philosophy of ‘Applied Intelligence Today’ will be central to its demonstrations, illustrating how AI is actively shaping the future of finance in the UAE and beyond.
