September 20, 2024

Inaugural Dubai AIand Web3 Festival to kick off tomorrow

DUBAI: The Dubai AI Campus – a Dubai International Financial Centre (DIFC) initiative – announced it is organising the inaugural Dubai AI and Web3 Festival from 11th to 12th September, at Madinat Jumeirah, bringing together 6,000 participants from 100 countries.

The event aims to highlight Dubai’s leading role in advancing the digital economy and AI applications globally.

Hosting this major global event in Dubai reflects the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to establish Dubai as a global hub for the digital economy, and a key destination for cutting-edge technology and innovation. Dubai aims to become a key contributor to creating and adopting tech-based solutions that drive comprehensive and sustainable development across all sectors.

The event underscores Dubai’s commitment to implementing Web3 technologies, including AI, to fuel economic growth in the UAE and achieve Dubai’s ambitious goals for the future.

Th
e inaugural Dubai AI and Web3 Festival is expected to attract over 6,000 attendees, 500 investors and 100 exhibitors from around the world. By bringing together top decision-makers, innovators, and industry leaders, the festival will explore the commercial and economic potential of AI and its role in supporting sustainable development. The event aims to attract over 30,000 participants annually for future editions.

With a rich agenda boasting the Future Tech Talks series, featuring technology leaders, investors and regulators, the event will mainly focus on themes of empowering digital economies and driving innovation. Keynote sessions will address topics including AI’s role in shaping the global economic scene, the future and funding trends of generative AI and AI benefits to public and private sectors.

Participants at the event will include over 20 Unicorn businesses including Builder.ai, Cohesity, Cerebras Systems, Innovaccer and SambaNova Systems. Additionally, 20 ministries and government agencies have
already registered to join the event, alongside 20 leading global businesses and 20 major venture capital firms.

Essa Kazim, Governor of DIFC, said, ‘Dubai continues to recognise the importance of innovation to cement its reputation as one of the world’s leading technology hubs. The Dubai AI and Web3 Festival will demonstrate how AI technology is quickly becoming a significant disruptor of traditional services and illustrate how DIFC and the Dubai AI Campus are the powerhouses that are helping Dubai emerge as a leading authority on driving global adoption.’

Arif Amiri, Chief Executive Officer, DIFC Authority, said, ‘The Dubai AI and Web3 Festival is the second initiative spearheaded by DIFC for the Dubai Universal Footprint for Artificial Intelligence, showing how the Centre is at the forefront of AI innovation. The high levels of interest in both the Dubai AI and Web3 Festival and the Dubai AI Campus shows how the AI community is turning to Dubai to set the standard for innovation in this rapidly developin
g sector.’

The recent ‘Future Tech Talks’ event featured collaboration agreements between key industry players such as Al Fardan Exchange, Dubai Chambers, Holon, and HP with the Dubai AI and Web3 Festival, reflecting their commitment to transformative change. The FutureTech World Cup, part of the festival, will showcase innovative AI solutions from startups.

Hosted by Dubai AI Campus and organized with Trescon, this event highlights Dubai’s role as a technology hub. Qualifiers include startups like Momint, Nettle a.r.o., Nash fintechX, Orbii.ai, PLATMA, and Secure Blink.

The winner will gain the Dubai AI Licence, mentorship, international exposure, and strategic partnerships. This initiative is part of the Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), aimed at enhancing AI adoption across various sectors.

Source: Emirates News Agency