Latest news with #NationalAI
Zawya
14-04-2025
- Business
- Zawya
M37Labs AI expands to UAE with ‘The Dream Earth'
Dubai, UAE – M37Labs, a global leader in enterprise-grade AI solutions, today announced its entry into the UAE market through a strategic partnership with The Dream Earth UAE, marking a significant step toward unlocking AI-driven business innovation across the region. With the UAE's AI market projected to surpass USD $46.33 billion by 2030 and contribute AED 96 billion to the national GDP, this partnership aims to position M37Labs at the forefront of the country's AI revolution. The collaboration will deliver deep tech AI services to large enterprises across real estate, retail, financial services, logistics, and hospitality—key sectors at the heart of the UAE's diversification strategy. Empowering enterprises in Middle East with AI-first capabilities M37Labs brings its proprietary AI transformation framework and innovation engine to the UAE through The Dream Earth, offering - AI-as-a-Service (AIaaS) solutions, Enterprise AI consulting and implementation, AI-powered market intelligence and decision automation, C-Suite AI transformation workshops and r apid AI prototyping and co-innovation labs. This localized delivery will be backed by M37Labs' robust engineering talent in India and its global network of AI experts. 'Enterprises in the UAE are entering a pivotal decade of digital transformation. AI is no longer a future bet—it's a competitive necessity,' said Prem Ramachandran, Founder & CEO of The Dream Earth and Chief Business Officer at M37Labs. 'Through this partnership, we're helping the region's largest businesses embrace AI with clarity, confidence, and commercial impact.' 'We are building a new blueprint for enterprise AI—one that is contextual, compliant, and commercially viable,' added Prashant Shivram Iyer, Co-founder & CEO of M37Labs. 'From AI literacy to full-stack deployment, our focus is to empower Middle Eastern businesses to become AI-native at scale.' Driving responsible and scalable AI The partnership will also focus on AI governance and compliance, e thical AI frameworks tailored to regional policies, l eadership upskilling, and workforce transformation. Zorawar Purohit, Co-Founder and Chief AI Officer of M37Labs emphasized: 'Our goal is to democratize access to advanced AI by making it adaptable, safe, and strategically aligned to enterprise needs. With this UAE expansion, we're ready to lead a new era of intelligent enterprises.' A strategic alliance for the region's visionary future M37Labs and The Dream Earth's collaboration supports the UAE's National AI Strategy 2031 and aligns with its ambition to become a global hub for responsible, high-impact AI innovation. This partnership is poised to help UAE enterprises unlock new revenue streams, operational efficiencies, and competitive advantage—laying the foundation for a smarter, AI-powered business ecosystem across the Middle East. For more information, please log on to
Zawya
26-03-2025
- Business
- Zawya
Egypt accelerates AI adoption with new strategy and ecosystem engagement
Cairo, Egypt: Egypt is fast-tracking AI ecosystem growth by strengthening ties between startups, investors, enterprises, and policymakers, with a focus on talent, AI-driven industries, and investment. During "Shaping Egypt's AI Horizon", an event organized by the Information Technology Industry Development Agency (ITIDA) in collaboration with 500 Global, policymakers, industry leaders, and investors discussed Egypt's AI roadmap, startup funding, and AI adoption across key sectors. Dr. Amr Talaat, Egypt's Minister of Communications and Information Technology, reaffirmed the government's commitment to AI and its role in driving digital transformation. He highlighted Egypt's National AI Strategy (2025-2030), built on six key pillars: Computing infrastructure to support AI model training. Data governance ensuring AI accessibility and responsible use. AI-powered systems for real-world applications. AI talent and capacity-building to meet market needs. Regulatory frameworks for AI ethics and policies. Ecosystem growth connecting startups, enterprises, and investors. He emphasized the ministry's commitment to regular engagement with stakeholders across the ICT sector to address their needs. He highlighted AI's expanding role across industries and the forum's aim to foster dialogue among Egypt's AI ecosystem. "We are committed to enhancing Egypt's AI ecosystem by fostering collaboration, expanding our talent pool, and ensuring a regulatory framework that enables innovation," Dr. Talaat stated. Bridging the Gap Between AI Talent and Market Needs Egypt is scaling AI talent development to fuel AI innovation and enterprise adoption. Ahmed El-Zaher, CEO of ITIDA, highlighted the agency's specialized and novel training programs in AI coding, MLOps, and Responsible AI governance, led by ITIDA's Software Engineering Competence Center (SECC). "At ITIDA, we are committed to fostering a thriving AI ecosystem by connecting stakeholders, equipping talent with cutting-edge skills, and supporting startups to scale their innovations," said El-Zaher, CEO of ITIDA. "By bringing together industry leaders, investors, and policymakers, we aim to bridge the gap between AI innovation and real-world applications, positioning Egypt as a competitive AI hub."; he added. AI Startup Investment and Market Expansion Dr. Hoda Baraka, Advisor to the Minister for AI, emphasized the government's efforts in building AI capabilities and integrating AI solutions into key sectors. 'Since 2019, Egypt has been committed to developing its AI ecosystem through capacity building and policy development. Our updated AI strategy (2025-2030) focuses on expanding AI applications, upskilling, and ensuring that AI solutions address national challenges across industries such as healthcare, finance, and agriculture,' she stated. The event featured insights from 500 Global, which has invested in over 65 Egyptian startups and continues to identify AI-driven business opportunities. Amal Enan, Managing Partner at 500 Global, underscored the firm's commitment to scaling AI startups in Egypt. "Egypt's AI ecosystem is growing rapidly, and we see tremendous potential in startups integrating AI into their solutions. By fostering collaboration between investors, startups, and government stakeholders, we can unlock new opportunities and scale AI-driven businesses," Enan said. She also noted that 157 startups are currently participating in 500 Global's accelerator programs, many of which focus on AI-driven innovations. The event featured a session on AI-powered innovations, moderated by Dr. Haitham Hamza of ITIDA's SECC. Panelists from Baheya Foundation, e& Egypt, and CIB shared insights on AI's role in enhancing services, cybersecurity, and healthcare. Another session, "Betting on AI," led by Amal Enan of 500 Global, gathered investors from Synapse Analytics, Intella, Tektonik Ventures, and Algebra Ventures to discuss AI investment trends and scaling challenges. Additionally, the Applied Innovation Center of MCIT is developing AI-powered solutions in agriculture, education, healthcare, and legal sectors, demonstrating the real-world impact of AI research and development. With plans to train 30,000 AI specialists, support 250 AI-driven companies, and expand AI awareness across society, Egypt is positioning itself as a leading AI innovation hub in the region. With its well-established position as a leading global delivery hub for high-end digital and technology services, Egypt continues to attract major investments in AI and innovation. The country's deep talent pool, cost competitiveness, and strong government support make it an ideal destination for enterprises looking to scale AI-driven solutions and digital services.
Yahoo
18-02-2025
- Business
- Yahoo
South Korea wants to stockpile 10,000 GPUs as AI becomes a geopolitical contest
Normally, governments stockpile fuel or food in order to keep their economies running. As the AI arms race picks up, South Korea is considering building a reserve of a different strategic commodity: computer chips. Seoul will secure 10,000 high-performance graphics processing units (GPUs) within the year to ensure South Korea can keep up with global AI developments, acting president Choi Sang-mok said Monday. Choi, who is also serving as the country's deputy prime minister and finance minister, said at a government meeting that the rivalry for AI supremacy has shifted from being solely between companies to become a contest amongst nations. Yonhap, South Korea's news agency, reported that Seoul hopes to acquire Nvidia's H100 and H200 processors, two of the leading chips used to power AI applications. The country had about 2,000 H100s at the end of 2023, according to Yonhap. The country hopes to acquire the GPUs through a public-private partnership, and will accelerate the launch of a National AI Computer Center set to open in 2027. South Korea is the latest country to adopt a plan to expand the infrastructure that supports AI. In late January, the U.S. announced Stargate, a $500 billion project to invest in new data centers across the country. The initiative is backed by major U.S. tech firms like OpenAI and Oracle. Earlier this month, France announced that the United Arab Emirates could invest as much as 50 billion euros ($52.3 billion) in a data center that would form the core of a new AI 'campus' in France, potentially the largest in Europe. Several other countries, including both major economies like China and Japan, and smaller ones like Singapore and Malaysia, have all adopted AI strategies. GPUs are one of the key components that's needed to run generative AI applications. Last month, the outgoing Biden administration proposed new rules to govern how economies get access to GPUs. These processors are often designed by U.S. companies like Nvidia and Advanced Micro Devices (AMD), which Washington has tried to leverage to regulate the flow of semiconductor exports to countries like China. The new framework, announced the week before President Biden left office, splits the world into three tiers. South Korea is part of the first tier: U.S. allies that are essentially exempt from export restrictions on advanced computer chips. Second-tier countries will face a cap on how many chips they can get; third-tier countries, reserved for U.S. rivals like Russia and China, are effectively barred from acquiring these chips legally. The proposed rules have yet to become law; the Trump administration will make the final decision on the new rules once the set 120-day comment period comes to a close. This story was originally featured on
