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Their innate love for technology and business and the UAE’s innovative business initiatives compelled the American couple to settle in the UAE
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Michael and Bobby Statman.Shihab’s photo
In a world driven by innovation and technological advancement, the dynamic duo of Michael and Bobbi Stattelman stand out as pioneers in the field of artificial intelligence. With a shared passion for pushing boundaries and reshaping industries, this enterprising couple founded Falcons.AI, a cutting-edge technology company based in Ras Al Khaimah.
With relentless dedication and unwavering vision, they harness the power of artificial intelligence to revolutionize the business landscape by enhancing the human experience by increasing the speed, precision, and effectiveness of cognition and computing.
Michael is an experienced technology evangelist and the Chief Technology Officer of Falcons.AI, with over two decades of expertise delivering breakthrough solutions in various fields including machine learning, natural language processing, and computer vision. He has delivered over 50 unique AI solutions and his models have been downloaded over 1 million times on Hugging Face.
CEO Bobbi also holds an MBA from HEC Paris and combines her financial acumen with a deep understanding of data to drive enterprise-level innovation. Together they embody a spirit of collaboration and innovation, captivating audiences through teamwork and change efforts.
Bobby recalled how the couple met in the workplace and the foundations were laid for a lifelong partnership.
“We met while working in the software development department of a large financial company in the United States. We both loved technology and business and decided to start our own business. Michael was strong in technology and I was strong in business. So while the new company existed There is overlap, but those are our respective areas of greatest focus,” Bobby said.
early foundation
The couple shared how they discovered entrepreneurship during their respective childhoods and grew it into the businesses they have today. “Both of us have always had an entrepreneurial spirit. I started making and selling things in elementary school, started and ran other businesses as a young adult, and have always been interested in business processes, optimization and finance,” Bobbi said.
Michael expressed a similar sentiment: “I also founded and ran several businesses in my 20s. I have always been interested in how things work and started inventing things as a child. I hold several patents and copyright.”
Michael emphasized that finding the right mentor is crucial to business success and shared how his grandfather shaped his entrepreneurial skills. “My grandfather’s mentorship taught me the importance of self-reliance and initiative. Under his guidance, I learned how to navigate the complexities of patent applications and pitch my business ideas to senior executives at Fortune 500 companies. His Inspiration not only imparted practical skills, but also instilled in me the confidence to pursue ambitious goals. This highlights how the influence of a mentor can shape an individual’s entrepreneurial journey and underscores the profound impact a mentor can have on business success.”
When the UAE becomes home
The Stattelmans arrived in the UAE in 2021 and established their company shortly after in 2022.
“We initially understood that the UAE would achieve an incredible pace of innovation in 2020 and planned to come then, but had to put our plans on hold during the pandemic. As soon as Dubai started to open up, we took action,” said Michael.
The AI community in the UAE is expanding rapidly, driven by government support; a favorable business environment; and a growing talent pool. Focused on innovation and technology, the UAE’s AI community is poised for significant growth and has the potential to drive change across industries.
“The government here has done a great job of fostering a startup culture and environment. Based on this, we started Falcons.AI and were able to quickly integrate with the Artificial Intelligence (AI) community in the UAE. Our culture is very open and collaborative ,” Michael concluded.
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