The UAE’s AI Office and Samsung Gulf Electronics have partnered to integrate Samsung’s Innovation Campus into the UAE AI Camp 2024. This collaboration aims to enhance AI education for UAE youth, aligning with the UAE’s AI Strategy 2031. The initiative offers comprehensive training in AI, machine learning, and emerging technologies, fostering innovation and digital literacy.
Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has published over 300 AI research papers in 2024, including significant contributions to global conferences. In just five years, MBZUAI has become a top 20 global leader in AI, with standout research in gene-sequencing, machine learning, and vision transformers enhancing its reputation.
By 2031, Dubai Police will fully integrate artificial intelligence (AI) into all services, including security, crime forecasting, traffic management, and disaster response. The AI Strategic Plan 2018-2031 aims to enhance policing through AI-assisted customer service centers, smart stations, and advanced tools, aligning with Dubai’s vision for a safe, smart city.
A Boston Consulting Group report reveals that 85% of GCC senior executives prioritize innovation, surpassing the global average. However, GCC firms face challenges in converting ambition into readiness. Key recommendations include aligning innovation with business strategy and leveraging Generative AI. Addressing talent constraints and funding challenges will enhance innovation readiness.
Qatar is leading AI investments in the MENA region with $2.4 billion in incentives, aiming to enhance its AI capabilities and attract global experts. The initiative is part of Qatar’s strategy to build a smart economy, with digital investments projected to reach $5.7 billion by 2026, significantly boosting various sectors.
Google for Startups has launched the AI Academy to support and accelerate AI startups in Pakistan and the Asia-Pacific (APAC) region. The program offers tailored mentorship from AI experts, up to $350,000 in Google Cloud credits, and opportunities for cross-border collaboration, aiming to strengthen the AI ecosystem in APAC.
Dubai Electricity and Water Authority (DEWA) has enhanced its customer service with generative AI and ChatGPT through its virtual employee, Rammas. Since its upgrade in April 2023, Rammas has handled over 9.6 million enquiries, achieving 95% customer satisfaction. DEWA is the first utility globally to use generative AI for customer engagement.
Oracle has opened its second public cloud region in Saudi Arabia, in Riyadh, as part of a $1.5 billion investment. This expansion aims to meet growing demand for AI and cloud services, enabling organizations to modernize applications and innovate with data, analytics, and AI, enhancing the kingdom’s digital economy.
Presight AI Holding reported a 17.4% revenue increase to AED603.5 million and a 39.1% rise in pre-tax profit for H1 2024. Key achievements include acquiring a 51% stake in AIQ, forming IntelliGrid, and securing major partnerships, driving strong financial performance and reinforcing their commitment to AI-driven innovation.
UAE-based AI company G42 is collaborating with U.S. partners and the Emirati government to meet global AI standards amid concerns about ties to China. Following Microsoft’s $1.5 billion investment, U.S. lawmakers fear technology transfer to China. G42 emphasizes its commitment to complying with the highest global standards in AI development and deployment.
