good morning Arya great to have you here today with us love to hear more about applied Ai and what you've been up to so um I founded applied AI little under 3 years ago we wanted to build a company that's very focused on the application of AI and if you look at hydrocarbons electricity nobody consumes oil they consume the benefits of oil no one consumes electricity so what people will consume is the business results that AI will generate that was the focus and to we named ourselves applied AI to make sure you know we remember and everyone remembers that we're very strictly focused on uh the application and benefits of AI and we chose a UA as our home and since then we've been very focused on regulated Industries where we think there's the biggest opportunity and it's mostly for exports right we at AI have built industrial grade AI Tools in healthcare and insurance that we export from the UAE into the US and the UK we're now a little over 100 people uh with over 60 of them in the UAE that's incredible yeah and how fast have you grown since you started so we launched our first product 15 months ago and since we launched our first product uh we're over 15 million in AR already in the first year so with all this hype you know AI has been the talk uh in the news and cuz everyone claims to be doing AI so how are you different we think the product should sell itself you don't sell HTML you don't sell Linux you sell what provides the application the application or or the the the benefits yeah one thing Bezos said in the late 90s when kind the internet was the hype and nobody really knew how it will play out and whether people would trust things online one thing he said that that I I believe in is focus on the things that won't change we're not sure how AI will play out there's many theories and we can speak for hours about but I guarantee you what won't change is that people will want things cheaper faster and higher quality right absolutely so so so that's the only focus we have um and that's what we lead in with sales and how we do it is is our business just give us an example of you know the kind of products that you are commercializing with uh you know in in healthcare and insurance in the in the US and Beyond where the tire hits the road in these high volume and what we call high stake use cases like healthcare and insurance is uh a lot of the administration in a back end one example is our first project deep Doc is focused on the independent medical examination space in the US so when a health insurance claim is in dispute by law it has to be in reviewed by an independent physician and and this is a uh laborious task they basically receive an email with attachment the PDF is 8,000 pages of unorganized uh medical records and they have to adjudicate whe whether the the claim should to be paid or not so we sort it we summarize it we we help make a recommendation on the answers so what's next for Applied AI what's next for us is within our space having a catalog of these use cases initially having them done ourselves and then opening it up for other folks to be able to leverage but we believe we can build tools that will supercharge the productivity of Labor to be able to compete in the post aai World obviously you have to be very careful with AI the same way you have to be very careful with scissors right you can use scissor as as a murder weapon correct right and we don't regulate scissors we regulate you know what you do with sissors and what's what advice do you have for aspiring entrepreneurs that are starting their own company you know within the space of AI or or or Beyond you really have to have a Le buet you hear no so many times I think the best example was Sean Parker who said entrepreneurship is like getting punched in the face every day and you only start succeeding when you start enjoying the taste of your blood so it's be ready be prepared buckle up have support group around you really be first principled in thinking I think who will succeed are the ones that completely ignore the Norms the Legacy the Legacy there's a big importance on timing it's like a surfing analogy like you have a great surfboard but also you got to find a way super oh yeah thank you so much thank you real pleasure real pleasure [Music]