<\/strong><\/p>\n

His Highness:\u00a0<\/strong>We prioritise Dubai\u2019s competitiveness and leading position as a hub for the digital economy in all projects and programmes we launch, in line with goals of the D33<\/strong><\/strong><\/p>\n

\u2013 We are confident this campus will be a key addition to Dubai\u2019s economy by hosting hundreds of businesses and offering thousands of jobs over the next few years<\/p>\n

\u2013 Move is part of phase one of the DUB.AI programme launched with the aim of accelerating AI adoption across all relevant sectors<\/p>\n

\u2013 Phase one of the campus has already drawn more than 75 businesses while phase two is set to attract over 500 companies<\/p>\n

Dubai, UAE, 22nd May 2024, ZEX PR WIRE<\/a>,<\/strong> His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial Centre (DIFC).<\/p>\n

The move is part of phase one of the annual Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), which was recently launched with the aim of accelerating AI adoption across all relevant sectors, thus creating the optimal nurturing ecosystem for AI businesses and talents to drive innovation in AI.<\/p>\n

Sheikh Hamdan said that Dubai continues to launch strategic plans with the aim of accelerating the adoption of AI and its applications in all sectors in line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish Dubai as a global hub of the digital economy and the preferred destination for major AI businesses and top talent from around the world.<\/p>\n

\u201cOur efforts continue to harness the huge potential of advanced technology. The Dubai AI Campus at DIFC is a key step towards achieving our goals of doubling economic growth and increasing AI\u2019s contribution to Dubai and the UAE\u2019s GDP. We are confident this campus will be a key addition to Dubai\u2019s economy by hosting hundreds of businesses and offering thousands of jobs over the next few years, further cementing Dubai\u2019s standing as a favourite destination for tech companies,\u201d His Highness said.<\/p>\n

\u201cWe prioritise Dubai\u2019s competitiveness and leading position as a hub for the digital economy in all projects and programmes we launch, in line with goals of the Dubai Economic Agenda (D33). Today we move steadily towards a new era of leadership and sustainable growth of Dubai\u2019s economy, which is based on knowledge, innovation, and future tech applications. Dubai will always remain a beacon of economic prosperity, regionally and globally, and the preferred choice of innovative minds,\u201d he added.<\/p>\n

Region\u2019s top AI destination<\/strong><\/p>\n

Announced in 2023, the Dubai AI Campus is the largest dedicated cluster of AI and advanced tech in the MENA region.<\/p>\n

The launch contributes to boosting the objectives of Dubai Economic Agenda (D33), including generating an average AED 100 billion annually for Dubai\u2019s economy through digital transformation. Furthermore, it marks another landmark initiative in realising the vision of His Highness Sheikh Mohammed bin Rashid to establish Dubai as a global hub of the digital economy and a key player on the global digital landscape.<\/p>\n

The new campus also aligns with Dubai\u2019s vision to emerge as the chosen destination among tech businesses and will drive its contribution to innovation and tech integration across all sectors. It is estimated that AI will contribute $230 billion to the Middle East\u2019s economy by 2030, while making up 14% of the UAE\u2019s GDP by 2030.<\/p>\n

The inaugural ceremony was attended by His Excellency Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; His Excellency Issa Kazim, Governor of the Dubai International Financial Centre; and Arif Amiri, CEO of the DIFC Authority.<\/p>\n

The Dubai AI Campus cluster will be part of the DIFC Innovation Hub, which offers dedicated co-working spaces to tech startups, including AI businesses. Phase one of the campus is already complete with more than 75 businesses registered on a 10,000-square-foot campus. Phase two of the campus will extend over 100,000 square feet and is set to attract over 500 companies creating more than 3,000 jobs by 2028.<\/p>\n

A Global Hub<\/strong><\/p>\n

His Excellency Essa Kazim welcomed His Highness Sheikh Hamdan to the opening of the Dubai AI Campus, saying the cluster will accelerate the realisation of goals of the Dubai Economic Agenda while supporting future technology and digital economy strategies of the emirate.
\n\u201cThe opening of Dubai AI Campus is part of the first phase of the annual Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), acting as a key enabler that will bolster Dubai\u2019s position as a global hub accelerating the adoption of advanced technology,\u201d he said.<\/p>\n

Easy investor access<\/strong><\/p>\n

\u201cThrough Dubai and DIFC\u2019s innovative structure, startups have direct access to investors, investment funds, major corporations and traditional financial institutions. This ensures that high-potential businesses receive the necessary funding needed to achieve their goals,\u201d HE Essa Kazim added.<\/p>\n

Catalyst for fintech ecosystem<\/strong><\/p>\n

Arif Amiri, CEO of the DIFC Authority, said: \u201cDubai AI Campus helps accelerate the objectives of DIFC\u2019s 2030 Strategy, which aims to further empower our growing fintech and innovation ecosystem.<\/p>\n

\u201cThe cluster will also cement DIFC\u2019s position as the largest incubator of the financial sector across the MEASA region as we look forward to collaborating with regional players to help them simplify and expand their business through AI,\u201d he added.<\/p>\n

Tech partnerships<\/strong><\/p>\n

The Dubai AI Campus facilitates multinational tech partnerships with leading tech companies such as Amazon Web Services, HP, Microsoft, Oracle and Nvidia, who will join the cluster as key partners, further highlighting its empowering nature and making it home to the first innovation lab offering AI solutions to the UAE\u2019s small businesses, in collaboration with du.<\/p>\n

Additionally, the cluster will provide high computing capabilities, including DGX platforms, and state-of-the-art business accelerator programmes that advance implementation of AI applications in the private sector.<\/p>\n

Unique licences<\/strong><\/p>\n

The Dubai AI Campus will be offering a unique AI licence specially designed to meet the requirements of the next generation of AI-dependent businesses. This licence utilises DIFC\u2019s independent legal framework.<\/p>\n

Businesses within the cluster will also benefit from DIFC\u2019s Digital Assets Law, the first of its kind globally, offering legal certainty to investors and users of digital assets.<\/p>\n

Future tech showcase<\/strong><\/p>\n

Further testifying to its leadership and focus on leveraging technological advancements for the greater good, Dubai is set to host the premier Dubai AI and Web3 Festival, organised by Dubai AI Campus in collaboration with the Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications Office, and DIFC, on 11 and 12 September 2024 at Madinat Jumeirah.<\/p>\n

The event, highlighting Dubai\u2019s unwavering commitment to promote future technology, is expected to attract over 5,000 visitors and participants, besides more than 500 investors and 100 exhibitors.<\/p>\n

Since its launch in 2021, DIFC\u2019s Innovation Hub continues to grow and forge milestone partnerships while driving innovation and helping shape forward-looking plans. It is now home to over 1,000 startups. As part of the Dubai Metaverse Strategy, the Innovation Hub launched the Metaverse Accelerator Program, which enrolled more than 150 students in its first cohort.<\/p>\n<\/div>\n<\/div>\n

\nThe Post Hamdan bin Mohammed inaugurates Dubai AI Campus cluster at the DIFC Innovation Hub\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n

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His Highness:\u00a0We prioritise Dubai\u2019s competitiveness and leading position as a hub for the digital economy in all projects and programmes we launch, in line with goals of the D33 \u2013 We are confident this campus will be a key addition to Dubai\u2019s economy by hosting hundreds of businesses and offering thousands of jobs over the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-9676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9676"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=9676"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9676\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=9676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=9676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=9676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}