The Open-Source AI Summit Abu Dhabi, hosted by TII, brought together over 300 international AI experts to discuss the future of AI. Topics included AI ownership, ethical considerations, sustainable computing, and the debate between open- and closed-source models. The summit marks a significant step in shaping global AI policies.
Wazoku has expanded into the GCC region, establishing a presence in the UAE and investing in local server infrastructure to meet regional needs. The company has partnered with FKRA to enhance its local operations and support the growing demand for innovation services, aligning with the UAE’s Vision 2030.
e& UAE and Open Innovation AI have launched a dedicated AI Lab to drive the UAE’s AI strategy, focusing on advanced AI technologies and fostering innovation across sectors like healthcare, finance, and government. This collaboration aims to position the UAE as a global leader in AI by 2031.
UAE-based AI pioneers nybl and Space42 have launched a satellite-enabled AI solution for oil and gas industries to optimize well productivity. This technological advancement predicts pump failures and enhances operational efficiencies, aiming to revolutionize the sector with significant cost savings and increased output.
The UAE Cabinet has approved its official AI policy on the global stage, focusing on responsible AI governance. This policy aims to position the UAE as a leader in AI while addressing ethical concerns, economic innovation, and international collaboration.
The UAE Ministry of Economy has welcomed UK-based TG0 and Chinese firm Zelos Technology to its NextGen FDI programme. These companies will leverage the UAE’s infrastructure to advance innovations in touch-sensing and autonomous driving technologies, contributing to the country’s knowledge economy and Vision 2030 goals.
du Pay has partnered with Emirates NBD to enhance digital financial services in the UAE by offering users a unique virtual IBAN for seamless fund transfers. The collaboration also allows cardless cash withdrawals from Emirates NBD ATMs, improving user convenience and reinforcing both companies’ commitment to innovation in banking.
