Virtuzone, a renowned leader in company formation and corporate services in the UAE, continues to push the boundaries of innovation with the introduction of ChatVZ, the world’s first AI-powered chatbot for business setup. Breaking new ground, this cutting-edge chatbot is poised to revolutionize the accessibility and speed of information for entrepreneurs interested in setting up a business in the UAE.
Harnessing the power of large language models (LLMs) and generative AI, ChatVZ leverages OpenAI’s groundbreaking GPT-4 turbo developer update to provide comprehensive, up-to-date answers to any business setup-related inquiries within seconds. What sets ChatVZ apart is its extensive training on a decade’s worth of data, derived from Virtuzone’s vast database of over 100,000 digital interactions. This training equips ChatVZ with unmatched knowledge, adding over a million new words to its dataset.
With its unrivaled capabilities, ChatVZ simplifies and accelerates the process of accessing information about establishing a business in the UAE’s mainland and free zones. The chatbot’s lightning-fast response time and accuracy make it an invaluable resource for entrepreneurs seeking guidance and support. Developed with user privacy and data protection in mind, ChatVZ incorporates a robust multi-layered security infrastructure, ensuring the safeguarding of personal information.
“We are committed to leveraging artificial intelligence to foster entrepreneurship in the UAE,” said George Hojeige, CEO of Virtugroup. “ChatVZ builds on the success of our AI-powered solutions, such as TaxGPT, which has already provided over 50,000 answers to corporate tax-related questions. Our aim with ChatVZ is to empower entrepreneurs and drive start-up activity, cementing the UAE’s position as a global business hub.”
ChatVZ represents Virtuzone’s ongoing dedication to harnessing the latest technologies provided by OpenAI. Damian Brennan, Marketing Director at Virtuzone, envisions future AI-operated tools, such as an AI-enabled business plan generator and autonomous bots to streamline operational processes, further enhancing entrepreneurial success.
As the UAE’s first and largest company formation specialist, Virtuzone has established over 70,000 companies from 180 countries since its inception in 2009. With a team of over 200 professionals fluent in 40 languages, Virtuzone offers end-to-end company formation and corporate services, encompassing trade licenses, visa processing, bank account opening, tax consultancy, compliance, accounting, legal services, and more. Virtuzone is a part of Virtugroup, a Dubai-based holding company that encompasses Virtuzone Accounting and Tax, VZ Real Estate, VZX, and Next Generation Equity, which specializes in citizenship and residency-by-investment programs.
Frequently Asked Questions
1. What is ChatVZ?
ChatVZ is the world’s first AI-powered chatbot designed specifically for business setup inquiries in the UAE. Developed by Virtuzone, a leading company formation and corporate services provider, ChatVZ offers fast and accurate answers to questions related to setting up a business in the mainland and free zones.
2. How is ChatVZ trained?
ChatVZ is trained on ten years’ worth of data sourced from Virtuzone’s database of over 100,000 unique digital interactions. This extensive training has equipped ChatVZ with a wealth of knowledge, adding over a million new words to its dataset.
3. Is my personal information safe with ChatVZ?
Yes, ChatVZ prioritizes user privacy and data protection. The chatbot incorporates a multi-layered security infrastructure to ensure the stringent safeguarding of personal information.
4. How does ChatVZ contribute to entrepreneurship in the UAE?
ChatVZ aims to make entrepreneurship more accessible and feasible for everyone by providing instant and precise information related to business setup in the UAE. By empowering entrepreneurs with knowledge and support, ChatVZ promotes start-up activity and reinforces the UAE’s position as a global business hub.