By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Dubai Launches New AI Center to Develop Real-World Applications and Attract Top Investors
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025
Business Crypto
Moscow Metro Marks 90 Years with Technological Advancements and Heritage Events
Lifestyle World
Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Dubai Launches New AI Center to Develop Real-World Applications and Attract Top Investors
Business

Dubai Launches New AI Center to Develop Real-World Applications and Attract Top Investors

News Room
Last updated: 2024/09/10 at 11:47 AM
News Room
Share
3 Min Read
SHARE

Dubai’s DMCC free zone has recently launched an artificial intelligence (AI) center with the aim of positioning the country as a potential hub for AI development. This new initiative seeks to provide a platform for tech companies to launch their AI-related services and connect businesses with the resources they need to integrate AI into their operations. Ahmed Bin Sulayem, the CEO of DMCC, stated that the goal is to make the UAE a leader in AI and become the next AI hub by advancing AI adoption and attracting new technologies through the center.

The AI center is expected to scale AI solutions across various industries, creating a multiplier effect throughout the DMCC business district. Despite facing initial doubts about establishing the center, Bin Sulayem highlighted DMCC’s track record and its ability to support such a transformative industry. The center will offer companies access to capital, accelerator programs, knowledge-sharing platforms, networking opportunities, education, and training for its member companies.

The launch of the DMCC AI Center is in partnership with ecosystem partners, including Builder.ai. Sachin Dev Duggal, the founder of Builder.ai, explained that such centers provide companies with the ecosystem and vendors in one place, helping companies without a significant amount of cost to find the AI solutions they need. The focus of the AI center will be on developing and commercializing real-world AI applications to attract top companies, investors, and partners.

In addition to the AI center, the DMCC free zone also launched the DMCC Crypto Centre in 2021, offering a comprehensive ecosystem for businesses in the cryptographic and blockchain sectors. Currently, the center has over 600 members with more than $150 million of funding available. This demonstrates DMCC’s commitment to fostering innovation and growth in emerging technologies within its business district.

In conclusion, the DMCC AI Center represents a significant step towards establishing Dubai as a hub for AI development and innovation. By providing a platform for tech companies to launch AI-related services and connecting businesses with essential resources, the center aims to advance AI adoption and attract new technologies to the UAE. With a focus on developing real-world AI applications and offering support to member companies, the center is set to drive growth and innovation in the AI sector. Additionally, the partnership with ecosystem partners and the success of the DMCC Crypto Centre further solidify DMCC’s commitment to supporting emerging technologies and fostering a conducive environment for technological advancements in Dubai. By leveraging its strengths and track record, DMCC is well-positioned to become a leading destination for AI development in the region.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 10, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Dubai: Skip Queues at Vehicle Testing Centers by Pre-Booking Online Now
Next Article This Week in Golf: Solheim Cup Takes Center Stage as Team USA and Europe Face Off for Glory in Virginia – News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports June 10, 2025
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE May 27, 2025
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle May 23, 2025
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World May 22, 2025

You Might also Like

Crypto

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
BusinessCrypto

Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025

May 20, 2025
BusinessGulfUAE

Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World

May 10, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
Business

NTT DATA Business Solutions Expands Presence in UAE with Stronger Regional Leadership

March 28, 2025

Sustainable Moving Services: How Dubai’s Moving Companies Are Going Green

February 20, 2025
Tech

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Business

Smpl Fund I Invests $250,000 in Qora71, Supporting AI and Tech Entrepreneurs in MENA

February 4, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?