His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of both the Executive Council of Dubai and the Higher Committee for Future Technology and Digital Economy, officially opened the Dubai AI Campus cluster at the Innovation Hub within the Dubai International Financial Centre (DIFC).
This significant step marks the initiation of phase one of the annual Dubai Universal Blueprint for Artificial Intelligence (DUB.AI). The primary objective of this recently launched initiative is to expedite AI integration across various sectors, thereby fostering an ideal environment for AI enterprises and professionals to innovate within the field.
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Sheikh Hamdan emphasized Dubai's commitment to launching strategic initiatives aimed at accelerating AI adoption in alignment with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, and Ruler of Dubai. This endeavor seeks to position Dubai as a global digital economy hub and the premier destination for leading AI enterprises and top talent worldwide.
“Our efforts continue to harness the huge potential of advanced technology. The Dubai AI Campus at DIFC is a key step towards achieving our goals of doubling economic growth and increasing AI’s contribution to Dubai and the UAE’s GDP. We are confident this campus will be a key addition to Dubai’s economy by hosting hundreds of businesses and offering thousands of jobs over the next few years, further cementing Dubai’s standing as a favourite destination for tech companies,” His Highness said.
This development aligns closely with Dubai's strategic vision to become the preferred destination for technology enterprises, with projections indicating that by 2030, AI will contribute USD 230 billion to the Middle East's economy, constituting 14% of the UAE's GDP.
Notably, phase one of the Dubai AI Campus cluster has been successfully completed, boasting over 75 registered businesses within a 10,000-square-foot space. Phase two is set for expansion across 100,000 square feet, aiming to attract over 500 companies and generate more than 3,000 jobs by 2028.
Tech Partnerships and Unique AI License
Furthermore, the campus will foster multinational tech collaborations with industry giants such as Amazon Web Services, HP, Microsoft, Oracle and NVIDIA, who will join as key partners. This initiative highlights the campus' pivotal role in fostering innovation and positions it as the host of the UAE's inaugural innovation lab, dedicated to providing AI solutions to small businesses, in collaboration with du.
In addition, the cluster will provide advanced computing capabilities, including DGX platforms, and cutting-edge business accelerator programs designed to enhance the implementation of AI applications in the private sector.
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