UAE’s long-term approach drives AI leadership: minister

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Staff WriterDUBAI - Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, said that the UAE’s investment in artificial intelligence began in 2008, when Abu Dhabi was investing in chips and global companies specialised in AI.Al Olama said, “We don’t think like other countries; we think in multidecade intervals. We started investing in AI in 2008 – very early days. Abu Dhabi was investing in chips, in global countries, in companies that were focused on AI. Nobody expected that we could be a key player in the domain of AI. Against all odds, we are proving that we can. This is going to incentivise everyone – East and West.”His remarks came as the UAE hosts Expand North Star by GITEX GLOBAL, celebrating its 10th anniversary as one of the world’s largest gatherings for startups, investors and innovators. The four-day event, organised by Dubai World Trade Centre (DWTC) and hosted by the Dubai Chamber of Digital Economy, is taking place until 15th October. It aims to enhance collaboration, boost funding, and strengthen the UAE’s position as a global digital economy hub.Al Olama added, “It's important for us to not only succeed, but for everyone who comes to the UAE to help us understand what we can do better. We do not claim to know it all – we claim to be the best students and the best listeners. One thing we promise is that if people come to us with advice, we are going to take it seriously and ensure that it’s implemented in the coming years.”During a session titled ‘Scaling a digital future: How will emerging tech redraw the startup map of the next decade’, Hatem Dowidar, Global CEO of e&, said, “As the landscape evolves and technology and customer needs change, we may also see pivots and potential changes in companies’ investment criteria. There’s also 5G standalone – or 5.5G – this is something certain to enable a lot of new businesses, including startups. We also have to make sure that we are governing AI in the proper way to ensure data integrity and privacy. For example, within our ecosystem, we have implemented a full AI governance system that ensures data anonymity and customer privacy.”Among the UAE’s most celebrated enterprises participating is Presight, a G42 company and the region’s largest big data analytics company. One year on from the 2024 edition – where the Presight AI-Startup Accel...

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