UAE is on the path to becoming the AI capital of the world

 


Falcon was researchers worldwide, and According to estimates, there has been a massive influx of tech workers in the UAE since 2021. As of September 2023, some 120,000 people were working on AI in the UAE. This is a far cry from the 30,000 two years prior. TII itself has a staff of around 800 from 74 countries.

In 2018 Open AI starts working with UAE biggest firm G42 which is UAE’s biggest tech firm. In addition after openAI and Microsoft G42 teamed up with IBM, Nvidia, Oracle ,Dell and cerebras. The $100 deal with Cerebras was signed in 2023 seeks to build what the companies claim will be “the world’s largest supercomputer for AI training.

UAE’s AI ambitions is the creation of the AI investment firm MGX. The firm came into existence in March 2024. It was created by the Artificial Intelligence and Advanced Technology Council (AIATC), which was established just a couple of months prior — in January 2024, to be more precise.

MGX’s mandate is to enable the advancement and deployment of cutting-edge technologies that will improve the lives of current and future generations. Unsurprisingly, one of the key areas MGX will focus on is the development and adoption of AI. Mubadala, one of the UAE’s largest sovereign funds, and G42 have been appointed as MGX’s foundational partners.

The Falcon LLM was the best open-source LLM available in the world upon its release. It even outperformed offerings from Meta and Google. Its release announced the arrival of the UAE in the AI scene. To further demonstrate its intent, ATRC earmarked $300 million in February 2024 to create the Falcon Foundation. The nonprofit body will oversee the development of open-source generative AI models based on Falcon.

In mid-April this year, Microsoft announced it would invest $1.5 billion in G42, a leading artificial intelligence (AI) firm in the UAE.

The deal is just one small part of the UAE’s mission to become a world leader in AI. As the world has seen in the past few years, the country has been pulling all stops to use the technology to help remold its economy away from oil.

The country was an early mover in the fledgling industry. In fact, it appointed the world’s first AI minister in 2017. Omar bin Sultan al-Olama was just 27 when he took on the role, accepting the task of turning the UAE into an AI powerhouse by 2031.

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