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UAE investment in artificial intelligence sees 70% growth

UAE investment in artificial intelligence predicted to reach Dh33 billion by end of 2017

Gulf News

Abu Dhabi: UAE investments in artificial intelligence saw a growth of 70 per cent over the past three years, and are expected to hit Dh33 billion by the end of this year, according to experts and academics.

These figures reflect the UAE’s strong entry into the world of modern technology and artificial intelligence. Within a few years, the UAE Cabinet turned from an electronic government into smart government”. It aimed to become one of the first countries in the world to apply modern technology in all fields.

Abdullah Al Fan Al Shamsi, Assistant Undersecretary at the Ministry of Economy for industrial affairs, said that artificial intelligence stands out today as a key component for shaping the future, in addition to being a pillar for the Fourth Industrial Revolution, a primary driving force for growth and economic diversity in the 21st century.

He added that the IDC forecast on the UAE investing Dh33 billion in artificial intelligence by the end of this year, reflects the UAE leadership’s attention on utilising modern technology to boost competitiveness and the sustainability of vital sectors.

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