Your Highness: In keeping with our D33 targets, we are going to prioritise Dubai's competitiveness and its main place as a digital financial system hub in each challenge and programme we launch.

– We’re assured that the campus will likely be a major addition to Dubai's financial system, attracting tons of of companies and offering 1000’s of jobs over the approaching years.

– Transfer is a part of the primary section of the DUB.AI program, launched with the goal of accelerating the adoption of AI in all related sectors.

– The primary section of the campus has already attracted over 75 corporations, with the second section set to draw over 500.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Dubai Govt Council and Chairman of the Excessive Committee for Future Applied sciences and Digital Financial system, right now opened the Dubai AI Campus Cluster on the Dubai Worldwide Monetary Centre's (DIFC) Innovation Hub.

The transfer is a part of the primary section of the just lately launched annual Dubai Common Blueprint for Synthetic Intelligence (DUB.AI), which goals to speed up the adoption of AI throughout all related sectors and create an optimum nurturing ecosystem for AI corporations and expertise to drive AI innovation.

Sheikh Hamdan stated that consistent with the imaginative and prescient and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai will proceed to launch strategic plans to speed up the adoption of AI and its purposes in all sectors, and set up Dubai as a world hub for the digital financial system and a most popular vacation spot for main AI corporations and prime expertise from around the globe.

“We proceed to harness the great potential of superior applied sciences. The Dubai AI Campus in DIFC is a major step in direction of reaching our aim of doubling financial development and growing AI's contribution to Dubai and the UAE's GDP. I’m assured that the campus will likely be a major addition to Dubai's financial system by attracting tons of of companies and offering 1000’s of jobs over the approaching years, additional cementing Dubai's place as a favorite vacation spot for know-how corporations,” His Highness stated.

“We’re prioritizing Dubai's competitiveness and main place as a digital financial system hub in each challenge and programme we launch, consistent with the objectives of the Dubai Financial Agenda (D33). As we speak, we’re transferring steadily in direction of a brand new period of management and sustainable development for Dubai's financial system, primarily based on information, innovation and the applying of future applied sciences. Dubai will proceed to be a beacon of financial prosperity regionally and globally, and the popular alternative for revolutionary expertise,” he added.

The area's greatest AI vacation spot
The Dubai AI Campus, introduced for 2023, is the biggest devoted cluster for AI and superior applied sciences within the MENA area.

The launch will contribute to advancing the targets of the Dubai Financial Agenda (D33), together with producing a mean of AED 100 billion per yr for Dubai's financial system by way of digital transformation. Moreover, it marks a landmark initiative in realizing the imaginative and prescient of His Highness Sheikh Mohammed bin Rashid to ascertain Dubai as a world hub for the digital financial system and a significant participant within the international digital panorama.

The brand new campus can be consistent with Dubai's imaginative and prescient to be the vacation spot of alternative for know-how corporations, driving innovation and know-how integration in all sectors. AI is estimated to contribute $230 billion to the Center East financial system by 2030, accounting for 14% of the UAE's GDP.

The opening ceremony was attended by His Excellency Omar bin Sultan Al Olama, Minister of State for Synthetic Intelligence, Digital Financial system and Distant Work Purposes, His Excellency Issa Kazim, Governor of Dubai Worldwide Monetary Centre, and His Excellency Arif Amiri, CEO of DIFC Authority.

The Dubai AI Campus Cluster will likely be a part of the DIFC Innovation Hub, which can present devoted co-working areas for know-how startups, together with AI corporations. The primary section of the campus is already full, with over 75 corporations registered throughout the ten,000 sq. ft campus. The second section of the campus will develop to over 100,000 sq. ft and is anticipated to draw greater than 500 corporations and create over 3,000 jobs by 2028.

World Hub
Welcoming Sheikh Hamdan on the inauguration of the Dubai AI Campus, H.E. Essa Kazim stated the cluster will speed up the supply of the Dubai Financial Agenda targets whereas supporting the Emirate's future tech and digital financial system technique.
“The opening of the Dubai AI Campus is a part of the primary section of the annual Dubai Synthetic Intelligence Common Blueprint (DUB.AI) and can act as a key driver in strengthening Dubai's place as a world hub for accelerating the adoption of superior applied sciences,” he stated.

Quick access for buyers
“By way of Dubai and the DIFC's revolutionary buildings, startups may have direct entry to buyers, funding funds, massive corporates and conventional monetary establishments. This can be sure that high-potential corporations obtain the funding they should obtain their objectives,” Essa Kazim added.

Catalyst for the Fintech Ecosystem
Arif Amiri, CEO of DIFC Authority, stated: “The Dubai AI Campus will assist speed up the achievement of the targets of DIFC's 2030 Technique, which goals to additional strengthen the rising fintech and innovation ecosystem.”

“The cluster will solidify DIFC's place as the biggest incubator for the monetary sector throughout the MEASA area. We look ahead to working with regional gamers to assist them simplify and scale their enterprise by way of AI,” he added.

Expertise Partnerships
The Dubai AI Campus will foster multinational know-how partnerships with main know-how corporations similar to Amazon Net Companies, HP, Microsoft, Oracle and Nvidia, who will be a part of the cluster as key companions, additional highlighting its empowering traits, and will likely be dwelling to the first-of-its-kind Innovation Lab, which can work with du to ship AI options to SMEs within the UAE.

Moreover, the cluster will present superior computing capabilities, such because the DGX platform, and cutting-edge enterprise accelerator applications to speed up the implementation of AI purposes within the non-public sector.

Proprietary License
The Dubai AI Campus will supply a novel AI license particularly designed to fulfill the necessities of the following era of AI-dependent companies, leveraging the DIFC's unbiased authorized framework.
Firms within the cluster may also profit from the world's first DIFC Digital Asset Legislation, which gives authorized certainty to buyers and customers of digital belongings.

Future Expertise Showcase
Additional demonstrating its management and concentrate on leveraging technological developments for the good thing about society as an entire, Dubai will host the Premier Dubai AI and Web3 Pageant on eleventh and twelfth September 2024 at Madinat Jumeirah, organised by Dubai AI Campus in collaboration with the Workplace of the Minister of State for Synthetic Intelligence, Digital Financial system and Distant Work Purposes, and DIFC.

The occasion highlights Dubai's unwavering dedication to driving future applied sciences and is anticipated to draw greater than 500 buyers and 100 exhibitors, in addition to over 5,000 guests and contributors.

Since opening in 2021, DIFC's Innovation Hub has continued to develop and forge groundbreaking partnerships, driving innovation and serving to to form future-proof plans. It’s at present dwelling to greater than 1,000 startups. As a part of the Dubai Metaverse technique, the Innovation Hub launched the Metaverse Accelerator Programme, with over 150 college students enrolled within the first cohort.