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UAE Accelerates Development of AI Unicorn Companies

Government initiatives target next generation of technology startups

The UAE is expanding efforts to create globally competitive artificial intelligence companies through new investment programs, startup incentives and innovation initiatives. Officials believe AI will become a major driver of economic diversification and future GDP growth. The strategy supports the country’s ambition to become a global technology and innovation hub while attracting international entrepreneurs and venture capital firms.

Source : INTLBM.

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