UAE's investment in AI reaches USD 2.15 bln in 10 years

Friday 14 June 2019 | 12:57 CET | News
The UAE has been the second highest regional investor in Artificial Intelligence (AI) over the past ten years, spending USD 2.15 billion in total, according to the AI Maturity Report in the Middle East and Africa (MEA). The study commissioned by Microsoft and conducted by Ernst & Young (EY) says the state of AI at businesses in the UAE is expected to improve dramatically over the next three years. Already, 18 percent of businesses there consider AI their most important digital priority.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Microsoft
Countries: United Arab Emirates
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Emirates NBD picks AWS to build AI-enabled bank

Published 29 May 2019 13:28 CET | United Arab Emirates
Emirates NBD said it's working with AWS because of its broad and deep portfolio of cloud services and the increased security and ...

UAE ministry partners with Microsoft to upskill employees in AI and data science

Published 25 Apr 2019 11:41 CET | United Arab Emirates
The Microsoft Professional Programme was designed to help IT professionals develop job-ready, future-ready skills and real-world ...

Bee'ah selects Johnson Controls and Microsoft for AI office systems

Published 24 Apr 2019 13:44 CET | United Arab Emirates
Evoteq, Bee'ah's digital venture, will serve as the technical project management partner for this project. From digital ...

Du launches AI-based WhatsApp virtual assistant

Published 19 Mar 2019 12:19 CET | United Arab Emirates
UAE operator Du has begun using WhatsApp for customer care with Blu, a multi-channel artificial intelligence-based virtual ...