TECH - UAE Eyes Deeper Collaboration With US In AI Race After Microsoft's $1.5B Investment In Local Firm | Benzinga
The United Arab Emirates is making significant strides in the global AI race, with the U.S. as a key ally. The UAE’s AI Minister, Omar Sultan Al Olama, has hinted at a further collaboration with the U.S., following a $1.5 billion investment by Microsoft Corp. (NASDAQ:MSFT) in a local AI firm.
What Happened: The UAE is positioning itself as a global AI leader, and its partnership with the U.S. is a crucial part of this strategy. Olama, the country’s AI Minister, has indicated that the UAE and the U.S. are closely aligned in their approach to AI development, reported CNN.
UAE’s AI strategy is a key part of its plan to diversify its economy away from oil. The country aims to be a global AI leader by 2031, with a national strategy focused on deploying AI in priority ...