Experts anticipate that the Gulf Cooperation Council (GCC) could soon overtake China and the United States as one of the world’s leading hubs for artificial intelligence (AI). The GCC is quickly becoming a global leader in AI. The Gulf nations are using artificial intelligence (AI) to revolutionise their economies and establish themselves as leaders in technological innovation, propelled by significant investments, strategic alliances, and an optimistic outlook.
Dr. Karim El Solh, the founder and managing director of Gulf Capital, spoke at a Georgetown University discussion hosted in association with the Dubai Media Council. He emphasised the region’s increasing impact in the development of artificial intelligence.
Saudi Arabia has contributed $40 billion to the development of AI, while Abu Dhabi’s sovereign wealth fund has committed $100 billion. The Gulf nations are making investments in more than simply AI. To alter their economies, they are actively integrating it. The event’s top authorities went into detail on how AI is being applied in a variety of industries, boosting innovation, improving government services, and accelerating economic growth.
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