Dubai’s commitment to becoming a leading force in artificial intelligence and Web 3.0 is gaining momentum, as evidenced by the upcoming Dubai AI and Web 3.0 Festival. This landmark event is set to attract over 100 exhibitors and more than 5,000 participants, including industry leaders, policymakers, and innovators from around the globe. It’s a testament to the UAE’s strategic positioning as a nexus for digital innovation and economic transformation in the Middle East.
Pioneering AI and Digital Transformation
Prominent figures in the AI industry have praised the UAE, and specifically Dubai, for its strategic initiatives that foster innovation and attract global talent. Nader Al Bastaki, General Manager of the Dubai Future District Fund, emphasized the importance of building trust and awareness in the AI sector. He highlighted Dubai’s proactive role in shaping the future of AI in the region by facilitating discussions and collaborations among key stakeholders.
Heath Behnke, General Manager of Holon, lauded Dubai’s openness to AI enterprises. “Dubai offers an optimal environment for AI companies and global talent to innovate,” Behnke remarked. The festival and its preliminary discussions are seen as crucial opportunities to address challenges and explore new markets in the Middle East, focusing on sustainability and green data initiatives.
A Platform for Global Collaboration and Knowledge Exchange
Patrick Erickson, Director of Data Technology and Delivery at Zintec, noted the strategic importance of the UAE as a global hub for AI innovation. He emphasized the role of the Dubai AI and Web 3.0 Festival as a unique platform for global speakers to share knowledge and explore AI’s potential. Erickson highlighted the festival’s aim to demystify AI and capitalize on the opportunities presented by the UAE’s robust infrastructure and policy frameworks.
Peter Oganessian, General Manager for the Middle East and East Africa at HP, stressed the significance of cybersecurity and sustainability in AI development. He sees the festival as a pivotal moment to unleash AI’s potential, equipping individuals and companies with the necessary tools to harness AI solutions effectively.
Driving Digital Economy and Innovation
Saqr Erekat, CEO of TradeDog, commended Dubai’s initiatives, including hosting the AI and Web 3.0 Festival, which will convene industry elites in September. Erekat highlighted the UAE’s leadership in emerging technologies, attributing this success to strategic investments in human capital and infrastructure. He sees the festival as a platform offering pragmatic solutions to challenges in crypto and fintech, thereby accelerating innovation.
As Dubai gears up to host this significant event, the city’s role as a catalyst for AI and Web 3.0 advancements is undeniable. By providing a global stage for dialogue and discovery, Dubai continues to position itself at the forefront of digital transformation and economic growth.
Source: WAM
