Business

UAE and India Partner For AI-Led Economic Growth

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UAE and India have signed an agreement to enhance growth in AI to reap long-term benefits for their economies. The partnership is expected to bring in $20 billion worth of growth in the upcoming decade. The AI Working Committee (TWG) will focus on increasing investment in AI startups and research activities.

UAE’s Minister of State for Artificial Intelligence believes a country’s economic prosperity is dependent on how they approach AI. Both the countries look forward to identifying emerging trends and policy concerns and devise mutually favorable frameworks that will aid in their growth.

The partnership is hoped to bring development and adoption of the latest technology.

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