MindHYVE.ai Invests $22 Million in Pakistan for AI Transformation
MindHYVE.ai has announced a $22 million foreign direct investment into Pakistan to establish the country as a global hub for applied AI innovation, announced in a press release. The announcement was made by Founder & CEO Belal Faruki during the Digital Foreign Direct Investment Conference in Islamabad, attended by Prime Minister Shehbaz Sharif and other dignitaries.
The investment will support the launch of three AI labs in Islamabad, Lahore, and Karachi, focusing on research and development, workforce training, and entrepreneurship. MindHYVE.ai plans to seed 20-30 AI-powered startups across strategic verticals and hire between 1,500 to 5,000 professionals to enhance local expertise in AI.
Additionally, the company aims to expand AI in education with pilots in Kohat and a national deployment of ArthurAI, an AGI-powered learning platform. In healthcare, MindHYVE.ai will deploy agentic systems to improve diagnostics and treatment planning. The initiative also includes partnerships with NGOs and government bodies to integrate AI into public sector operations.
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