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EON Reality Announces Landmark Partnership with Ethiopia for $7.5 Million Spatial AI Center

IRVINE, CA, USA, Aug 16, 2024 – EON Reality Inc., a global leader in Artificial Intelligence and Virtual and Augmented Reality-based knowledge transfer, today announces a landmark partnership with Ethiopia for a $7.5 Million Spatial AI Center. This groundbreaking initiative, formalized through a Memorandum of Understanding (MOU) with the Ministry of Labor and Skills of the Federal Democratic Republic of Ethiopia, sets the stage for a revolutionary advancement in education and workforce development across the nation.

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Key Highlights:

$7.5 Million Agreement: The agreement outlines a significant investment to revolutionize education and workforce development in Ethiopia.

Extensive Reach: The initiative will provide 115,000 licenses for the Spatial AI platform, with the potential to reach up to 500,000 users.

Tailored Content: Development of 10,000 Ethiopia-specific courses to address local educational needs.

Innovation Hub: Creation of an AI Innovation Hub to support Ethiopian SMEs and foster local entrepreneurship.

Dan Lejerskar, Chairman of EON Reality, stated, “This partnership marks a significant milestone in our mission to make knowledge accessible globally. We are excited to work alongside the Ethiopian government to bring cutting-edge AI and XR technologies to students and professionals across the country.”

The Spatial AI Center will leverage EON Reality’s advanced platform to provide immersive learning experiences, fostering crucial digital skills and catalyzing economic growth in the region. This initiative aligns closely with Ethiopia’s 10-year prosperity plan and the government’s commitment to enhancing education through digital means.

H.E Dr. Teshale Berecha, State Minister of Labour and Skills, representing Minister Muferihat Kamil Ahmed, expressed strong support for the initiative, stating, “This collaboration with EON Reality represents a transformative step in our journey towards digital education. It will significantly enhance our capacity to prepare our workforce for the challenges of the 21st century.”

The project includes:

  1. Deployment of a Spatial AI platform with 115,000 licenses
  2. Extended user capacity of up to 500,000 users
  3. Development of 10,000 Ethiopia-specific tailored courses
  4. Establishment of the Learn for Life AI Academy
  5. Creation of an AI Innovation Hub to support Ethiopian SMEs

EON Reality’s commitment extends beyond technology provision, including comprehensive training, support services, and cloud infrastructure to ensure the success and sustainability of the initiative.

This partnership underscores EON Reality’s dedication to democratizing access to advanced educational technologies and aligns with its 15-year history of supporting educational initiatives in Africa through its non-profit organization, Learn for Life.

About EON Reality

EON Reality is a world leader in Artificial Intelligence-powered Augmented and Virtual Reality-based experience creation and knowledge transfer for industry and education. EON Reality’s 25 years of existence and success are tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every person on the planet. For more information, visit https://eonreality.com.

Nitin Patil
Nitin Patil
Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master's in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.
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