UAE, India sign artificial intelligence deal - ITP.net

The UAE and India have signed a bilateral Artificial Intelligence Bridge agreement that seeks to create economic benefits worth $20 billion during the next decade. Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, and Deepak Bagla, managing director and CEO of Invest India, the country's investment promotion agency, on Saturday signed a memorandum of understanding. According to state news agency WAM, the agreement aims to spur discussion and explore options for the UAE and India to grow their artificial intelligence (AI) economies. The UAE Minister said: "How a country chooses to embrace artificial intelligence will have a tremendous impact on its ability to innovate and prosper. 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."