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A bold move in tech innovation for Dubai!

A bold move in tech innovation for Dubai!

 


His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has taken a big step forward in the world of technology. He officially opened the Dubai AI Campus cluster at his hub of innovation located within the DIFC. This is part of a larger plan called Dubai Universal Blueprint for Artificial Intelligence (DUB.AI for short). the goal? To seriously enhance the use of AI in various industries and create a highly supportive environment for AI business and talent.

Sheikh Hamdan explains how Dubai is actually promoting advanced technology, in line with the vision of Sheikh Mohammed bin Rashid Al Maktoum, who wants Dubai to become a global leader in the digital economy. emphasized. The idea is to attract top AI companies and talent from around the world. The Dubai AI Campus is a key part of this plan and is the largest campus of its kind in the Middle East and North Africa region.

The launch is also a big event for Dubai's economy. It is estimated that AI will contribute a huge amount of USD 230 billion to the regional economy by 2030, and the UAE's GDP will increase by 14% due to AI. So this is not just a technology issue. It's about serious economic growth.

The ceremony was attended by important guests including Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, as well as key figures from Dubai's business and technology world.

The Dubai AI Campus is already operational, with over 75 companies registered in the first phase. But it's just the beginning. The second phase will be even bigger, with more than 500 companies and more than 3,000 jobs planned by 2028.

One of the great things about this campus is that it is part of the DIFC Innovation Hub, which provides space for tech startups, including those focused on AI. And it's not just about space. It's about connection. Startups here have direct access to investors, large corporations, and financial institutions, making it easier to get the support they need.

And when it comes to support, Dubai AI Campus partners with leading companies such as Amazon Web Services, HP, Microsoft, Oracle, and Nvidia. They plan to provide their expertise and resources to help businesses grow here.

Dubai AI Campus offers special AI licenses for companies that rely heavily on AI. This license comes with unique regulations based on the DIFC legal framework, providing clarity and support for AI-driven ventures.

Dubai doesn't stop here. They will be hosting a large-scale event later this year called the Dubai AI and Web3 Festival. It's all about showcasing the latest futuristic technology and attracting investors, attendees and exhibitors from around the world.

If you think about it, Dubai doesn't just keep up with the world of technology. That is what is leading the way. And with initiatives like the Dubai AI Campus, it is clear that they are serious about shaping the future of technology and innovation.

Sources

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2/ https://www.sme10x.com/technology/artificial-intelligence/dubais-bold-move-in-tech-innovation

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