United Arab Emirates president and ruler of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, has issued a regulation that established the Synthetic Intelligence and Superior Know-how Council (AIATC).
In his capability as Ruler of Abu Dhabi, the UAE President has issued a regulation establishing the Synthetic Intelligence and Superior Know-how Council, Chaired by Tahnoun bin Zayed, with Khaled bin Mohamed bin Zayed as Vice Chairman. pic.twitter.com/S97fTPOQVl
— مكتب أبوظبي الإعلامي (@ADMediaOffice) January 22, 2024
According to an announcement from the Abu Dhabi authorities, the council will oversee the implementation and improvement of synthetic intelligence (AI) insurance policies and methods that will probably be utilized to analysis, infrastructure and investments.
Aside from insurance policies, the council will even collaborate with native and world companions in growing plans and analysis applications. This goals to “improve Abu Dhabi’s standing” within the AI discipline. The transfer additionally matches the emirate’s efforts to turn into a hub for investments, partnerships and expertise within the superior know-how sector.
The president additionally appointed Sheikh Tahnoun bin Zayed Al Nahyan because the chairman of the AIATC and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan as Vice Chairman by way of a decision that was issued.
The UAE authorities has welcomed many technological developments, aiming to place the nation as a world tech hub for aspiring startups. In 2018, the nation announced the Emirates Blockchain Strategy, which goals to advance blockchain adoption.
In March 2022, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum established the Virtual Asset Regulatory Authority (VARA) to control crypto and digital belongings. In July 2022, the additionally ramped up its metaverse efforts by launching the Dubai Metaverse Strategy, which goals to assist greater than 40,000 digital jobs by 2030.
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Extra lately, the nation has been placing AI know-how as one in all its focus areas. On Aug. 15, 2023, the Dubai Worldwide Monetary Centre (DIFC) began offering commercial licenses for AI and Web3 businesses at a 90% subsidy. DIFC Innovation Hub CEO Mohammad Alblooshi stated that granting the licenses was an effort to “appeal to extra world expertise and funding to the area.”
Aside from giving out industrial licenses at a reduction, the nation additionally established a devoted free financial zone for Web3 and AI service suppliers. On Oct. 19, 2023, the emirate of Ras Al Khaimah (RAK) launched the RAK digital assets oasis (DAO) for Web3, digital belongings and AI.
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