The 8th Future Investment Initiative (FII) took place from October 29 to October 31, 2024, in Saudi Arabia. This conference brought together the world's most influential investors and innovators to discuss new opportunities and challenges in investment from a global perspective. On the closing day of the conference, it was announced that deals worth a total of $70 billion had been concluded.
Manifold Tech was honored to be an invited guest at the 8th FII, attending the conference in Saudi Arabia along with the Hong Kong Financial Secretary and the Hong Kong Science Park. During the event, Manifold shared insights on the integration and outlook of real-time 3D information technology and artificial intelligence at the FII venue, which received high recognition from the Saudi Arabian government, investors, and participating companies. Additionally, during the conference, Manifold signed a strategic cooperation agreement with Geotech.
| Manifold Algorithms Empower Artificial Intelligence Towards "Autonomy" |
On October 29, 2024, the 8th Future Investment Initiative (FII) in Saudi Arabia officially kicked off, with the theme "Infinite Horizons: Investing Today, Shaping Tomorrow." This conference brought together a group of highly influential global investors and innovators, including Blackstone, SoftBank Vision Fund, Sanabil Investments, and Elon Musk, to discuss the transformative role of investment and other elements in building the future. On the day of the conference, three major themes—geoeconomics, banking & investment, and artificial intelligence (AI)—were deeply discussed by industry insiders.
Manifold Tech's business involves digital twins, perception robots, and artificial intelligence, and it has made significant achievements in the field of perception robots, which is highly relevant to the theme of this conference. Mr. Qin Youming, Founder & CEO of Manifold Tech, was invited to speak at the conference, sharing Manifold Tech's ideas and outlook on the future of artificial intelligence. Mr. Qin particularly shared his views on solving social problems through spatial intelligence technology.
Currently, the world is facing challenges such as climate issues, sustainable energy, an aging population, and a declining birth rate. Embodied intelligent humanoid robots will have significant practical application value in the future, for example, in exploring unknown spaces, industrial and energy sectors, and service industries.
Elon Musk, CEO of Tesla and founder of SpaceX, pointed out at the conference that the number of humanoid robots will exceed the human population by 2040. However, Mr. Qin Youming believes that at this stage, a large number of robots still require human control and have not yet achieved autonomous perception and judgment, with limited capabilities.
Manifold Tech's business focuses on spatial intelligence and specializes in algorithm development, known for the stability, high precision, and superiority of its algorithms.
Manifold's technology can be deeply integrated with artificial intelligence, giving robots "eyes" to efficiently and quickly capture 3D environmental information. By integrating and internalizing spatial intelligence algorithms into robots' "autonomous localization," Manifold's technology enables tangible robots to take a step towards "autonomy"—not only knowing who they are but also where they are, where they need to go, and how to get there.
| Saudi Geotech, Manifold's Latest Strategic Partner |
Saudi Arabia's Vision 2030 focuses on economic transformation, emphasizing that non-oil growth is key to future diversification. It plans to turn Riyadh into a city of the future by 2030, which is why Saudi Arabia is currently developing technology and artificial intelligence robots vigorously.
During the exhibition, Manifold Tech showcased three core product lines and solutions:
MindPalace Pocket Modular 3D Perception Series
MindPalace Dense High-Density Handheld Scanning Device
MindPalace Aero UAV Payload Series
In addition to product displays, Manifold Tech's forward-looking insights shared at the event were also highly recognized by industry peers for their industry-awareness and forward-thinking nature, providing strong support for the development of tangible robots. During the conference, Manifold Tech officially signed a strategic cooperation agreement with Geotech Riyadh.
The Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan, also came to congratulate Manifold Tech.
Geotech is a company focused on digital twin technology, dedicated to providing virtual, visual, and intelligent solutions for various industries. Their technology can transform physical objects and systems in the real world into digital models and conduct simulations and analyses in a virtual environment. It is widely applied in smart cities, smart manufacturing, energy management, disaster management, and other scenarios.
Manifold Tech's 3D perception technology and geospatial data solutions can capture 3D information in multiple scenarios with high precision. Geotech can use this high-precision information to create highly accurate 3D models through digital twin technology, ensuring that digital twin models are more realistic and reliable. They complement each other in capabilities. Meanwhile, incubated from the Mechanical and Robotics Systems Laboratory (MaRS LAB) of the University of Hong Kong, Manifold Tech is highly recognized in the field of robot perception and has open-sourced many algorithms in spatial intelligence. Both parties can learn from each other and grow together in terms of knowledge and technology.
After reaching a strategic cooperation, Manifold and Geotech were jointly invited to have an in-depth exchange and discussion with the Ministry of Industry and Mineral Resources of Saudi Arabia. In the future, the two sides will jointly promote the development of digital twin and perception robot technology in Saudi Arabia. Let's wait and see!
Invited to Attend the Saudi Investment Summit to Discuss the Future of Human Development
Manifold algorithms empower the autonomy of artificial intelligence, enabling "seeing" robots to better serve humanity and the future.
Carve you like jade, and success will come; no effort is in vain
Manifold Tech will continue to shine brightly
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