This Week’s Top ???????? Tech News Stories (18.09.2024)

??BlackRock, Microsoft?and UAE tech investment company MGX announced plans for a $30 billion fund to support the construction of data centers and related energy infrastructure. The new Global AI Infrastructure Investment Partnership (GAIIP) aims to enhance AI supply chains and mobilize up to $100 billion in total investment potential.?https://uaeinusa.co/4go79pn

???UAE tech giant G42?has started receiving advanced AI chips from US chipmaker NVIDIA. US government approval came earlier this year following significant, long-term investments by the UAE in innovations that protect sensitive data. Read the full story on Semafor:?https://uaeinusa.co/4e3SHkN

???Microsoft?and G42?announced the launch of two new centers in Abu Dhabi to advance AI best practices and develop large language models for underrepresented languages. Microsoft will also open its first ‘AI for Good Research Lab’ in the region to support social goals, including advancing food security and strengthening climate resilience.?https://uaeinusa.co/4e7CnPN

???One AI company was established every two days in Abu Dhabi during the first half of 2024. The Abu Dhabi Chamber of Commerce and Industry?study?revealed a 41.3% year-over-year growth in the advanced tech sector, enabled by business-friendly policies that support innovation.?https://uaeinusa.co/3XDK9ez

???During this year’s Dubai AI and Web3 Festival, HE Amer Sharaf Alhashmi, CEO of Cyber Security Systems and Services at Dubai Electronic Security Center, highlighted Dubai’s AI security policy as first-of-its-kind in the region, leading the way in innovation, smart city development, autonomous healthcare services, and more.?https://uaeinusa.co/3XFfSfp

???Dubai CommerCity?signed an MOU with eBay?to help companies under its umbrella expand into 190+ global markets. Businesses will receive specialized training seminars and educational workshops to boost e-commerce growth and investment opportunities.?https://uaeinusa.co/3TTTH31

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