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    Abu Dhabi Shows Off AI Firm ‘AI71’ to Spur Digital Economy

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    Abu Dhabi’s Advanced Technology Research Council (ATRC) introduced an AI company known as AI71, which is a competitor to other major AI companies like OpenAI.

    This comes as Abu Dhabi competes for a lion’s share of the global AI market, aiming to become a global hub for the fast-growing technology.

    AI71 will be the center of the “economic field”

    Abu Dhabi Crown Prince Sheikh Khaled bin Mohammed officially launched the company. His VentureOne, a subsidiary of ATRC, will bring this AI company to market across multiple domains.

    The National Built on Falcon’s large-scale language model, AI71 reports that it aims to democratize access to AI. According to the Director-General, Council, Faisal Al Bannai, AI71’s main objective is to “address key economic sectors”.

    In the first phase, AI71 will be released for the medical, education, legal, and government sectors, with “many other” sectors also to be released.

    “By creating AI71,[the company]will play a key role in driving the digital economy and driving the use of AI across multiple sectors. It will significantly increase productivity and competitiveness globally,” Bannai told The National.

    He further highlighted Abu Dhabi’s long-term goals and vision to become a global hub for AI technology.

    “We are not shy about achieving our goals. We are not humble about our goals. We are determined that AI will be key in shaping the direction we take globally. AI71 will play a pivotal role in this journey.”

    Also read: Japan won’t punish developers with upcoming generative AI guidelines

    strategic partnership

    Mr. Sakauchi said AI71 is fostering strong partnerships with other organizations that form part of the early partnerships. This includes collaboration with the Ministry of Artificial Intelligence, Digital Economy and Remote Work Applications.

    Department of Emerging Economies and Government Support, Abu Dhabi Centralize over 30 government agencies Through Digitization, we are one of the UAE organizations that have signed up.

    Beyond Abu Dhabi, the new AI company is also collaborating with global brands. These include Amazon Web Services (AWS), US IT management company World Wide Technology, CNXT, consulting firm PwC, and a Saudi Aramco-backed venture that is Google Cloud’s exclusive partner in Saudi Arabia.

    “These vital agreements are shaping our collective future, examining our offerings and envisioning a future where AI works for everyone,” said Bannai. I did.

    AI race

    Since the introduction and immediate success of OpenAI’s ChatGPT last November, there has been a flurry of developments in generative AI. Big companies like Microsoft, Amazon, Google, Oracle, and Baidu are all joining the AI ​​race.

    Recently, tech billionaire Elon Musk’s company xAI announced an AI tool named Grok. The UAE is also actively participating in his AI competition and is making its mark in this field.

    Abu Dhabi has launched various AI projects and released several LLMs, the underlying algorithms driving generative AI.

    In August, Inception, a division of Abu Dhabi AI company G42, collaborated with the Mohammed bin Zayed University of Artificial Intelligence and Silicon Valley-based Cerebras Systems to introduce the open-source Arabic-English bilingual model Jais.

    Prior to this, the Technology Innovation Institute (TII) falcon flagship, LLM and Noor. At the time of the announcement, it was reportedly the largest Arabic natural language model “to scale generative AI capabilities in the region.”

    Generative AI is being touted as a key enabler of economic growth. PwC’s report on Unit Strategy and the Middle East predicts that the Gulf countries will gain approximately $23.5 billion in economic benefits by 2030. Increased investment in AI is likely to drive this growth.

    Safety and privacy

    Bannai acknowledges the potential risks and personal concerns of AI models. However, he assured that the AI71 model will ensure user privacy and data security. Users retain ultimate authority and control over their data.

    “To get the analysis back, you’re giving yourself access to the most sensitive data you have,” he said.

    “This is an area where we want to ensure that control is returned to the owners of the data in the new era of AI,” he added.

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