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Oil-rich UAE turns to AI to grease economy

The UAE aims to use AI to strengthen its economy as it prepares for a future of reduced oil demand, according to Giuseppe Cacace.
AI technology is expected to help mitigate the economic impact of declining oil prices in the UAE.
Experts highlight the urgency for the UAE to innovate economically as oil demand is projected to decline, emphasizing the role of AI in this transition.
AI is seen as a crucial strategy for the UAE to enhance various sectors and sustain economic growth.

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Oil-rich UAE turns to AI to grease economy

Deep in the Abu Dhabi desert, a vast AI campus a quarter the size of Paris is starting to emerge, the oil-rich UAE's boldest bet yet on technology it hopes will help transform its economy.

4 days ago

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AGBI

Adnoc supercharges gas output to fuel data centres

Abu Dhabi National Oil Company (Adnoc) is accelerating its gas expansion plans as the UAE braces for a sharp rise in energy demand fuelled by a rapid build-out of artificial intelligence and data centre infrastructure. The UAE’s largest energy company plans to more than double its liquefied natural gas (LNG) production capacity to meet accelerating domestic and international consumption, Youssef Salem, chief financial officer of Adnoc Drilling, …

2 days ago

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mediatalkafrica.com

UAE Invests Heavily in AI to Diversify Economy

The United Arab Emirates is investing heavily in artificial intelligence to diversify its economy, which has long relied on oil. A massive AI campus is under…

4 days ago

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