Campus aims to attract over 500 tech companies and create more than 3,000 jobs.
Dubai: The first phase of the Dubai AI Campus was launched on Saturday at Dubai International Financial Centre (DIFC).
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, launched the first phase of the campus, set to become the largest dedicated hub for AI (artificial intelligence) and technology companies in the Middle East and North Africa.
As part of Dubai's annual plan to accelerate the adoption of artificial intelligence applications, we have launched the first phase of the Dubai AI Campus at the Dubai International Financial Centre. The campus is set to become the largest dedicated hub for AI and technology… pic.twitter.com/CgOrBReFB0
— Hamdan bin Mohammed (@HamdanMohammed) May 18, 2024
In a post on X account, Sheikh Hamdan said: “Startups will have access to supercomputers for training AI algorithms and a supportive legislative environment to foster the growth of next-generation AI companies. The campus aims to attract over 500 companies, create more than 3,000 job opportunities, and expand to over 100,000 square feet by 2028. Additionally, we will establish global technological partnerships with leading companies in the sector.”
.@HamdanMohammed: The @DubaiAiCampus 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… pic.twitter.com/ctah98aJdm
— Dubai Media Office (@DXBMediaOffice) May 18, 2024
He added that guided by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the emirate of Dubai is seeing a new era of sustainable economic growth driven by innovation and future technologies.
“This initiative is aligned with the Dubai Economic Agenda D33, which seeks to generate an annual contribution of Dh100 billion from digital transformation projects to Dubai’s economy over the next decade. From realising ambitious projects to creating unique new growth opportunities, Dubai’s remarkable vision for the future makes it a city that inspires greatness.”
