Abu Dhabi sets up investment firm to achieve AI ambitions
UAE's newly formed investment company, MGX, has three core objectives to drive AI adoption and innovation—develop AI infrastructure, explore AI applications, and semiconductor manufacturing.
UAE's newly formed investment company, MGX, has three core objectives to drive AI adoption and innovation—develop AI infrastructure, explore AI applications, and semiconductor manufacturing.
While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader" approach to artificial intelligence, as the region faces multiple hurdles that stand in the way of innovation.
The United Arab Emirates is catching up with technological advancements in the United States, China, and Europe, setting up an artificial intelligence (AI) council that will govern and create policies for the emerging market.