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Hamdan bin Mohammed attends the opening of the inaugural version of the Dubai AI & Web3 Pageant – Expertise

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of The Govt Council of Dubai, and Chairman of the Greater Committee for Future Expertise and Digital Financial system, in the present day attended the opening of the inaugural version of the Dubai AI and Web3 Pageant.

The 2-day Pageant, organised by the Dubai AI Campus in strategic partnership with the Dubai Worldwide Monetary Centre (DIFC) and the Minister of State for Synthetic Intelligence, Digital Financial system and Distant Work Purposes Workplace, has introduced collectively greater than 6,800 enterprise leaders. The occasion, which concludes on Thursday, 12 September, goals to consolidate Dubai’s place as a world chief in harnessing transformational energy of AI.

Throughout his go to, HH Sheikh Hamdan bin Mohammed toured a number of pavilions on the venue, the place he was briefed on the rising applied sciences showcased by greater than 100 exhibitors. His Highness highlighted that the participation of the world’s most progressive AI enterprises displays the occasion’s significance as a pioneering platform for technological innovation within the area.

Accompanying His Highness in the course of the tour had been His Excellency Omar Sultan Al Olama, UAE Minister of State for Synthetic Intelligence, Digital Financial system, and Distant Work Purposes; His Excellency Essa Kazim, Governor of DIFC; and His Excellency Arif Amiri, Chief Govt Officer of DIFC Authority.

The primary day of the Pageant centered on the broad theme of Enabling Digital Economies. Particular classes delved into connecting applied sciences, scalability and storage; innovation and investments; and safety and privateness.

Delivering the opening keynote tackle, His Excellency Essa Kazim stated: “In the present day, Synthetic Intelligence is reshaping societies in profound methods, driving progress and enhancing our high quality of life. The transformative energy of AI is clear throughout a variety of financial sectors and functions together with healthcare, training, manufacturing, transportation and monetary providers, amongst others.”

“A deep-rooted tradition of innovation has been instrumental in establishing town as a world hub for know-how corporations. Over the previous 20 years, DIFC has performed a pivotal position in driving this innovation and shaping the economic system and we search to ascertain Dubai as the worldwide capital of the digital economic system.”

His Excellency introduced that the Dubai AI and Web3 Pageant will grow to be one of many largest occasions globally for the trade, attracting greater than 30,000 delegates yearly by 2027. The Governor of DIFC additionally introduced the launch of a novel platform referred to as Problem X to assist advance AI globally. This digital platform will function an internet group for information scientists and machine studying lovers, internet hosting competitions and offering a venue for people to showcase their expertise and collaborate with others within the area.  Customers can check their talents towards a world viewers, with prizes awarded to high performers.

Distinguished audio system on the occasion embody His Royal Highness Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO, KBW Ventures, Saudi Arabia; His Excellency Omar Sultan Al Olama, UAE Minister of State for Synthetic Intelligence, Digital Financial system, and Distant Work Purposes; His Excellency Faisal Belhoul, Vice Chairman of the Dubai Chamber and Chairman of JandF Holdings; His Excellency Khalfan Behoul, CEO of the Dubai Future Basis; His Excellency Issam Kazim, CEO of Dubai Company for Tourism and Commerce Advertising; Her Excellency Ursula Owusu-Ekuful, Minister, Ministry of Communications and Digitalisation, Ghana; Her Excellency Savannah Maziya, Minister, Ministry of Info, Communication, and Expertise, Kingdom of Eswatini; and His Excellency Younus Al Nasser, CEO of the Dubai Knowledge and Statistics Institution, Dubai Digital Authority.

The occasion can be that includes different international trade leaders together with Adel Ahmad Al Redha, Deputy President and Chief Operations Officer of Emirates Airline; Caroline Yap, World Managing Director, AI Enterprise and Utilized Engineering, Google Cloud, USA; and Maja Pantic, Generative AI Analysis Director, Meta, UK.

Based on a latest report by PwC, by 2030 the Center East is anticipated to accrue $320 billion of AI-related advantages. The most important beneficiary is anticipated to be the UAE, adopted by Saudi Arabia.

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