Rafael sets up joint AI venture with UAE's G42 Presight.AI will establish an R&D center in Israel focusing on the advancement of AI and big data technologies. Israel's Rafael Advanced Defense Systems Ltd. has announced that it signed an agreement yesterday with UAE company G42 to set up a joint venture called Presight.AI in the civilian sector to commercialize AI and big data technologies and solutions. Presight.AI will establish an R&D center in Israel focusing on the advancement of AI and big data technologies and their application across multiple sectors such as banking, healthcare, public safety and others. The agreement is subject to regulatory approvals by Israeli and UAE authorities, according to the companies.