Intelligent Fin.tech Issue 24 | Page 52

C L O U D
S O L U T I O N S

C L O U D

S O L U T I O N S

DUBAI AI CAMPUS AND GOOGLE CLOUD ANNOUNCE COLLABORATION TO SUPPORT STARTUP ECOSYSTEM

Dubai AI Campus , the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub , home to the first and largest financial technology accelerator in the Middle East , and Google Cloud have announced a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Campus . The collaboration seeks to leverage Google Cloud ’ s expertise and resources to empower startups in the region and accelerate their expansion .

The Dubai AI Campus is a dedicated ecosystem for AI and Web3 innovation providing state-of-the-art physical and digital infrastructure at the heart of Dubai International Financial Centre . The Campus includes R & D facilities , accelerator programmes and collaborative workspaces , to attract , build and scale startups in the region . Under this collaboration , Google Cloud intends to offer mentorship opportunities for selected startups within the Dubai AI Campus , and work with the Campus on programmes such as Google Cloud ’ s Gen AI Startup School . Furthermore , Google for Startups Cloud Programmes intends to give early-stage startups in the Dubai AI Campus ecosystem access to numerous Google resources designed for early-stage startup founders to help unlock the potential of Google Cloud , including its latest innovations in AI .
Mohammad Alblooshi , Chief Executive Officer of the DIFC Innovation Hub , said : “ We are pleased to join forces with Google Cloud to create an optimal ecosystem equipped with resources to enable startups to drive innovation in AI . This partnership is a strategic step in harnessing the potential of emerging technologies . We are confident this collaborative agreement will strengthen the Dubai AI Campus as a favourable destination for startups across the world to scale their AI capabilities . Furthermore , it will solidify Dubai ’ s position as a hub for technology-focused companies and attract more world class talent and diversified investors to the region .”
Ziad Jammal , Country Manager for Google Cloud in the UAE , added : “ We are thrilled to be working with Dubai AI Campus to empower the vibrant startup ecosystem in Dubai . This is another step towards supporting Dubai ’ s forward-looking economic agenda D33 that aims to make Dubai the fastest , safest and most connected city in the world .
“ Today , half of all funded generative AI startups are Google Cloud customers , including 70 % of GenAI ‘ unicorns ’. Google Cloud can provide the infrastructure that startups actually need through our combination of security , scalability and AI services . This collaboration reaffirms our deep commitment to nurturing innovation and entrepreneurship in the region . By providing startups with access to Google Cloud ’ s cutting-edge technology , mentorship and resources , we aim to accelerate their growth and enable them to make a lasting impact on the global stage . We believe that AI has the potential to transform industries and solve some of the world ’ s most pressing challenges , and we ’ re excited to work with Dubai AI Campus to unlock that potential in Dubai .” �
Left to Right – Mohammad Alblooshi , CEO of the DIFC Innovation Hub and Ziad Jammal , Country Manager for Google Cloud in the UAE
52 www . intelligentfin . tech