Berliner Boersenzeitung - 'Selective' UAE courting US, not China, on AI: minister

EUR -
AED 3.84909
AFN 70.983076
ALL 98.168084
AMD 408.033489
ANG 1.877746
AOA 956.772304
ARS 1045.934567
AUD 1.608014
AWG 1.888917
AZN 1.780997
BAM 1.956142
BBD 2.103608
BDT 124.501747
BGN 1.96788
BHD 0.392672
BIF 3077.56693
BMD 1.047943
BND 1.404259
BOB 7.239401
BRL 6.098928
BSD 1.041892
BTN 88.430422
BWP 14.233758
BYN 3.409661
BYR 20539.683689
BZD 2.100107
CAD 1.461529
CDF 3008.644792
CHF 0.933707
CLF 0.036935
CLP 1019.137039
CNY 7.592031
CNH 7.595984
COP 4600.207983
CRC 530.697762
CUC 1.047943
CUP 27.770491
CVE 110.899218
CZK 25.334232
DJF 185.535949
DKK 7.457456
DOP 62.791567
DZD 139.877767
EGP 51.749446
ERN 15.719146
ETB 127.546696
FJD 2.385066
FKP 0.827159
GBP 0.83215
GEL 2.871065
GGP 0.827159
GHS 16.552662
GIP 0.827159
GMD 74.404001
GNF 8980.654359
GTQ 8.08725
GYD 219.183481
HKD 8.154967
HNL 26.32885
HRK 7.475249
HTG 136.765194
HUF 411.595345
IDR 16624.306486
ILS 3.879155
IMP 0.827159
INR 88.307488
IQD 1364.864451
IRR 44092.203499
ISK 146.344923
JEP 0.827159
JMD 165.980576
JOD 0.743093
JPY 161.794551
KES 135.676997
KGS 90.649326
KHR 4194.772734
KMF 495.143365
KPW 943.148344
KRW 1467.769713
KWD 0.322609
KYD 0.868268
KZT 520.220796
LAK 22885.434193
LBP 93300.07746
LKR 303.238754
LRD 189.101446
LSL 18.801143
LTL 3.094303
LVL 0.63389
LYD 5.087986
MAD 10.539574
MDL 19.003682
MGA 4862.942225
MKD 61.540749
MMK 3403.678134
MNT 3560.910412
MOP 8.353519
MRU 41.455637
MUR 49.074871
MVR 16.201526
MWK 1806.650049
MXN 21.359806
MYR 4.668554
MZN 66.973635
NAD 18.801143
NGN 1769.410365
NIO 38.337062
NOK 11.559514
NPR 140.70592
NZD 1.790636
OMR 0.401068
PAB 1.047692
PEN 3.95069
PGK 4.194773
PHP 61.7584
PKR 289.326398
PLN 4.334357
PYG 8133.57593
QAR 3.820851
RON 4.978251
RSD 117.724856
RUB 108.694151
RWF 1422.262
SAR 3.934395
SBD 8.785488
SCR 14.270629
SDG 630.340687
SEK 11.508746
SGD 1.410154
SHP 0.827159
SLE 23.819809
SLL 21974.846653
SOS 595.409683
SRD 37.195668
STD 21690.30525
SVC 9.116766
SYP 2632.988191
SZL 18.794642
THB 36.22582
TJS 11.157609
TMT 3.667801
TND 3.328435
TOP 2.454385
TRY 36.218374
TTD 7.076236
TWD 34.002924
TZS 2777.049042
UAH 43.103352
UGX 3871.138521
USD 1.047943
UYU 44.554803
UZS 13366.334712
VES 48.817231
VND 26630.85264
VUV 124.413904
WST 2.925428
XAF 656.077858
XAG 0.034259
XAU 0.000393
XCD 2.832119
XDR 0.792554
XOF 656.077858
XPF 119.331742
YER 261.90718
ZAR 18.9268
ZMK 9432.745885
ZMW 28.781577
ZWL 337.437233
  • SCS

    0.2300

    13.27

    +1.73%

  • RYCEF

    -0.0100

    6.79

    -0.15%

  • GSK

    0.2600

    33.96

    +0.77%

  • RBGPF

    59.2400

    59.24

    +100%

  • RELX

    0.9900

    46.75

    +2.12%

  • RIO

    -0.2200

    62.35

    -0.35%

  • AZN

    1.3700

    65.63

    +2.09%

  • NGG

    1.0296

    63.11

    +1.63%

  • CMSD

    0.0150

    24.46

    +0.06%

  • CMSC

    0.0320

    24.672

    +0.13%

  • BCE

    0.0900

    26.77

    +0.34%

  • BCC

    3.4200

    143.78

    +2.38%

  • VOD

    0.1323

    8.73

    +1.52%

  • BP

    0.2000

    29.72

    +0.67%

  • BTI

    0.4000

    37.38

    +1.07%

  • JRI

    -0.0200

    13.21

    -0.15%

'Selective' UAE courting US, not China, on AI: minister
'Selective' UAE courting US, not China, on AI: minister / Photo: Karim SAHIB - AFP

'Selective' UAE courting US, not China, on AI: minister

The United Arab Emirates is in "complete alignment" with the US on developing artificial intelligence, the oil-rich country's AI minister told AFP, confirming a shift away from China.

Text size:

Omar Al Olama, Minister of State for Artificial Intelligence, was speaking Tuesday after a state-linked Emirati AI firm secured a major investment from Microsoft, reportedly divesting Chinese interests as part of the deal.

"The honest truth is in the AI space today, I think we need to be selective of who we work with," Olama said in an interview, when asked about the UAE's dealings with Chinese AI firms.

"There is going to be a lot of discussions between the UAE and the US of what they are comfortable that we do with other players around the world and what they aren't comfortable (with)," he added.

"But on the AI front, I think there is going to be complete alignment between the UAE and the US."

Abu Dhabi-based G42, chaired by the president's brother and national security advisor Sheikh Tahnoon bin Zayed Al Nahyan, won a $1.5 billion strategic investment from US tech giant Microsoft in April.

According to the New York Times and Bloomberg, the deal followed talks between the US and UAE governments where G42 agreed to drop Chinese partnerships in favour of American technology.

- AI 'top priority' -

AI has become a major battleground between the two powers as the United States moves to retain its leading position in the transformative field and to stop Beijing accessing sensitive data.

Olama, 34, who became the world's first AI minister in 2017, said the UAE -- which is striving to pivot its economy away from oil -- was "very bullish" on AI.

"AI is probably the top priority for the UAE in terms of our investments, in terms of our focus," he said.

Last month G42, powered by the world's biggest supercomputer, unveiled Falcon 2, an open-source generative model that seeks to rival American products such as OpenAI's ChatGPT.

G42 subsidiary Inception and Abu Dhabi's Mohamed bin Zayed University of Artificial Intelligence have also produced Jais, billed as the world's highest quality Arabic large-language model.

Olama was confident the models would overcome any potential regulatory hurdles from the European Union, which has introduced a new AI law and has strict standards for data collection, including from government and healthcare sources.

"I think for Europe, for the bloc as a whole, you're going to see that the UAE is a partner that is willing to have a conversation to see how we can be an enabler for European companies to come to the UAE and operate," Olama said.

"But the EU AI law is very new. We still are going through it, understanding it, and seeing what needs to be done there," he added.

- 'Major challenge' -

Industry and government officials met at the AI Retreat on Tuesday, a brainstorming event at Dubai's ellipse-shaped, Arabic-inscribed Museum of the Future.

In a keynote, Olama said the UAE wanted to be a "global player" with companies that "take the world by storm".

Addressing questions about a possible gap in talent in the UAE, he remained upbeat.

"If you look at the progress that was made over the last five years and the snowballing of the talent that has moved into the UAE, I'm not worried that we'll be able to bridge that gap very quickly," he said.

The UAE, which wields some of the world's biggest sovereign wealth assets, is also intent on developing a semiconductor industry to profit from rising demand for AI chips.

"There are definitely discussions and we are open to partnering with the right partners wherever they come from, whether it's in Europe or the US," Olama said.

In response to reports that the US is slowing exports of AI chips to countries in the region, he commented: "We would love to not be put in a bucket with other countries in this domain."

"I am hopeful and I do believe that we are going to come up with a solution that is going to meet the requirements of all parties," the minister added.

(K.Lüdke--BBZ)