Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, and Google Cloud, announced on Thursday a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Campus.
The collaboration seeks to leverage Google Cloud’s expertise and resources to empower startups in the region and accelerate their expansion.
The Dubai AI Campus is a dedicated ecosystem for AI and Web3 innovation providing state-of-the-art physical and digital infrastructure at the heart of Dubai International Financial Centre. The Campus includes R&D facilities, accelerator programmes and collaborative workspaces, to attract, build and scale startups in the region.
Under this collaboration, Google Cloud will offer mentorship opportunities for selected startups within the Dubai AI Campus, and work with the Campus on programmes such as Google Cloud’s Gen AI Startup School.
Furthermore, Google for Startups Cloud Programme will also give early-stage startups in the Dubai AI Campus ecosystem access to numerous Google resources designed for early-stage startup founders to help unlock the potential of Google Cloud, including its latest innovations in AI.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
Australia and the European Union on Tuesday signed a trade deal marking the culmination of years of negotiations, as Europe seeks to diversify its export markets and expand ties beyond its traditional partners.
Weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets, asserted Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, while addressing CERAWeek in Houston, Texas.
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