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29-07-18
UAE, India sign deal to create bilateral Artificial Intelligence
(MENAFN) The UAE and India were confirmed to have inked a memorandum of understanding on the formation of a bilateral Artificial Intelligence Bridge.
The Artificial Intelligence was explained to could generate USD20 billion of economic profits for the next decade.
The agreement has been signed by UAE's Minister of State for Artificial Intelligence Omar bin Sultan Al Olama along with Managing Director and CEO of Invest India Deepak Bagla.
In the upcoming years, "how a country chooses to embrace Artificial Intelligence will have a tremendous impact on its ability to innovate and prosper," the UAE minister stated.
Al Olama added "data and processing will be a catalyst for innovation and business growth and serve as the backbone of more effective and efficient service delivery system."
MENAFN2907201800450000ID1097214389
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