UAE consistently demonstrating its commitment to artificial intelligence: Let’s understand

In a significant milestone, the UAE has secured its position among the top 10 countries with the most artificial intelligence companies per million population, according to the Global AI Competitiveness Index.

The report analysed more than 55,000 AI companies across the globe to examine the density, financing and development of AI enterprises globally. The UAE stands alongside innovation hubs such as Hong Kong and Singapore.

Modern technology at the core of national strategy

The UAE has consistently demonstrated its commitment to artificial intelligence at the highest levels. In 2017, the Gulf state became the first country across the globe to appoint an AI minister, embeding the modern technology at the core of its national strategy.

The UAE has also established a Dh10 billion Dubai Future Accelerator Fund to support AI innovation projects. To support its ambitions, the UAE is also rapidly building a talent pipeline. Some of the major initiatives in this direction include the Golden Visa programme.

The UAE’s ranking among the top 10 countries for AI companies per capita highlights that the GCC nation’s targeted investments are creating an ecosystem suitable for AI innovation. The UAE’s policies, infrastructure and investments are supporting.

G42 – a shining example of UAE’s AI success story

The UAE’s digital infrastructure underpins its leadership in the artificial intelligence sector. The Gulf state is offering an unparalleled ecosystem for AI companies to develop. Its smart city infrastructure provides the perfect testing ground for AI applications.

G42 is a shining example of the UAE’s AI success story. Specialising in healthcare, finance and smart city solutions, the company has become a global leader in AI innovation. Last year, it secured a $1.5 billion investment from Microsoft.