VERSES AI announces the first in a series of joint smart city projects with Analog to simulate taxi fleet management in Abu Dhabi. Utilizing Genius, the project objective is to understand how to optimize fleet operations while minimizing congestion and emissions. The project objectives include increasing the number of taxis in operation during designated periods of high demand, ensuring the highest possible fleet activity, determining the optimal allocation of tasks for each taxi and driver, balancing operational demands with available resources and automatically scheduling and conducting maintenance activities, ensuring that each taxi receives timely maintenance, and the arrangement aligns with facility capacities and capabilities. By combining real-time disparate data sources into a probabilistic world model with factors such as local events, weather, fleet details, personnel preferences, legal requirements, maintenance schedules, and inventory Analog will be able to better monitor and respond to the dynamics of the overall city ecosystem, with a positive impact on several dimensions, including improved traffic and reduced air pollution. This pilot project is the first in a series of commercial projects that VERSES and Analog, both G42-funded companies, expect to develop together in Abu Dhabi with expected generated revenue for VERSES of approximately $3,000,000.
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