The UAE has gained a global leadership position in the artificial intelligence sector, launching numerous strategies, initiatives and programs that anticipated the future of the sector, and keeping pace with its changes and developments to become an ideal incubator for large artificial intelligence companies around the world, at a time when Dubai is experiencing rapid growth in the sector, becoming a global gateway to the future of artificial intelligence. International business leaders have praised the emirate’s project to accelerate the adoption of the use of artificial intelligence, stressing that Dubai has great ambition and influence that benefits international companies.
The UAE is at the forefront of Arab countries in terms of the contribution of artificial intelligence to gross domestic product, as the sector is expected to contribute 14% of gross domestic product by 2030, according to a study published by Heriot-Watt. University of Dubai Artificial intelligence is also expected to contribute to the country’s economy. The country will receive around $96 billion by 2030, according to a report published by the PricewaterhouseCoopers group.
For its part, a Bloomberg report indicated that the UAE is accelerating its pace of developing artificial intelligence capabilities and equipping the region’s largest data centers to support the technology. The report confirms that the UAE is placing “artificial intelligence” at the heart of the economic future.
According to the report released in early July, the strategic investment between G42 Group and Microsoft International, worth $1.5 billion, will strengthen the country’s position as a leading global center for artificial intelligence and open up more horizons for partners and customers to innovate and grow.
For its part, the Emirate of Dubai has seen rapid growth in investments in artificial intelligence, the result of a vision spanning several decades. The emirate began this path by establishing “Digital Dubai” in 1999, which brought about a qualitative change in the country. Dubai’s history from a global vision to “electronics” via “digital electronics” and “artificial intelligence”.
The emirate has consolidated its “digital twinning” trends through initiatives, strategies and plans to secure its global position in the digital sector, including the creation of the position of “CEO of Artificial Intelligence” in each Dubai government agency within the country, the first package of Dubai’s annual plan, and the launch of the “Dubai Incubator”, “Artificial Intelligence Companies” and “Web 3”, which will represent the largest gathering of artificial intelligence and technology companies to attract global innovators, startups, and industry leaders.
In statements to the Emirates News Agency (WAM), a number of international business leaders welcomed the Emirate of Dubai’s plan to accelerate the adoption of the use of artificial intelligence, as well as the launch of several initiatives, including: “Dubai Incubator for Artificial Intelligence Companies”, “The International Challenge for Artificial Intelligence” and “The Artificial Intelligence”, in addition to “one million experts for artificial intelligence orders”.
Nick Brettjohn, Head of Advanced Engineering at Palantir, said: “The UAE has an incubator and attractive environment for promising investments in the field of artificial intelligence,” noting that Dubai has great ambition and influence that benefits international companies.
In turn, InstaDeep Co-Founder and CEO Karim Baghir said that the UAE is one of the first Arab countries to lead efforts effectively to benefit from artificial intelligence technologies, noting that the UAE considers the sector as a strategic government work opportunity.
For his part, Dave Turakhia, Founder of Dave International Holding Company, stressed that Dubai has realized the importance of effectively integrating artificial intelligence as one of the tools to increase efficiency and improve productivity measures, up to the quality of human life.
In the same context, the founder of “4x” and artificial intelligence investor Martin Avetisyan stressed the importance of artificial intelligence for individuals and institutions, with the aim of having a positive impact on the lives of societies, stressing that Dubai is a global model country in benefiting from new applications of artificial intelligence, providing opportunities for companies and providing… Tools available in an environment that incubates the work of these companies.
• Artificial intelligence is expected to contribute around $96 billion to the country’s economy by 2030.