Scion Industrial Engineering

UAE COMMITS TO AI INVESTMENT FOR ENHANCED INDUSTRIAL EFFICIENCY – MIDDLE EAST BUSINESS NEWS

Artificial intelligence (AI) is poised to drive the UAE’s industrial evolution, promising substantial gains in productivity, adaptability, and sustainability over the coming decade, experts revealed at the Make it in the Emirates (MIITE) Forum in Abu Dhabi.

During a fireside chat titled ‘Advancing the AI Revolution: Implementing new computing paradigms in real-world industrial settings,’ moderated by Dan Murphy of CNBC, His Excellency Faisal Al Bannai, Advisor to the UAE President on Strategic Research and Advanced Technology Affairs, underscored the UAE’s commitment to AI advancement. He emphasized the nation’s strategic policies aimed at solidifying its AI position, with data emerging as a pivotal force supporting various sectors and rapid technological strides.

His Excellency elaborated on the launch and ongoing development of the Falcon large language model (LLM), stressed the importance of international collaboration in driving AI adoption across sectors, and highlighted the integration of new computing models in industrial contexts. He further emphasized the UAE’s sustained investment in AI to elevate productivity, industrial efficiency, and local industry standards.

The MIITE Forum, organized by MoIAT in collaboration with ADDED and ADNOC, is scheduled from May 27-28. Under the theme ‘Invest. Innovate. Grow,’ this annual platform showcases facilitators and investment prospects within the UAE’s industrial landscape, spotlighting flagship initiatives like the Technology Transformation Program (TTP).

SOurce:https://cxotv.techplusmedia.com/EMEA/uae-commits-to-ai-investment-for-enhanced-industrial-efficiency-middle-east-business-news