Mideast titans step back from AI model race as US, China dominate

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Mideast titans step back from AI model race as US, China dominate - Business Standard

Quick Summary:

The “future of AI is not a distant dream, but a present reality,” Peng Xiao, chief executive officer of Emirati tech conglomerate G42, said in a statement in 2023 shortly after the firm launched Jais.

The representative said integrations with cybersecurity, robotics and cloud companies will be announced soon.“The value of a model lies not only in its initial benchmark performance, but in how it contributes to and enables broader innovation over time,” the representative said in a statement.

In 2023, the UAE launched a new firm, AI71, touted as a commercial vehicle for Falcon, a model developed by a government research arm.