The number of artificial intelligence (AI) companies registered in Abu Dhabi grew at a compound annual rate of 67% between 2021 and 2023, bolstering the emirate’s position as a prominent player in the AI industry.
The data was published in a new study developed by the Business & Economics Intelligence Sector at the Abu Dhabi Chamber of Commerce and Industry.
The research sheds light on Abu Dhabi’s ambitions to maximize the benefits of utilising AI systems, applications, technologies, and solutions, furthered by the UAE National Strategy for Artificial Intelligence 2031 and the UAE Centennial Plan 2071.
“Today, Abu Dhabi is one of the most pioneering destinations thanks to its efforts in enhancing the contribution of AI to sustainable development,” said Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber.”It is expected that the sector will contribute an additional $13 trillion to global economic activity by 2030, an increase equivalent to 16% in cumulative global GDP compared to the present.”
The Abu Dhabi Chamber has been a forerunner among chambers of commerce globally, activating the use of the first AI-powered platform (ChamberGPT), dedicated to handling business processing inquiries in Abu Dhabi, topping international indicators in the active usage of such platforms since its launch in 2023.
“As the AI landscape becomes clearer in Abu Dhabi, the private sector and investors are increasingly interested in establishing companies that focus on innovation and artificial intelligence research and consultancies,” Al Qubaisi added. “There is also a surge in the management and operation of AI robotic systems in various business sectors.”
The Abu Dhabi government launched the Advanced Technology Research Council in May of 2020; leading to the establishment of AI71, an AI company dedicated to enhancing decentralized data control globally.
