DIFC to Build Campus Set to Attract Over 500 AI and Web 3.0 Companies

  • Date: 23-Jun-2023
  • Source: Fintech News Middle East
  • Sector:Financial Markets
  • Country:UAE
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DIFC to Build Campus Set to Attract Over 500 AI and Web 3.0 Companies



Under the directives of First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC) His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, DIFC, announced it will build the ‘Dubai AI & Web 3.0 Campus’, the largest cluster of Artificial Intelligence and tech companies in the MENA region.

DIFC is ready and set to build the largest cluster of Artificial Intelligence and tech companies in the MENA region. The Dubai AI & Web 3.0 Campus will open its doors at the DIFC Innovation One premises, with ambitious plans to expand into a dedicated campus spanning over 100,000 sq. ft. in the next 5 years. The Dubai AI & Web 3.0 Campus will focus on the use of AI and Web 3.0 in the financial services industry, it will be home to teams of visionary entrepreneurs, disruptors and engineers who possess a deep passion for emerging technologies. The Dubai AI & Web 3.0 Campus will provide physical and digital infrastructure including R&D facilities, accelerator programmes and collaborative workspaces, to attract, build and scale AI companies.

His Excellency Essa Kazim, Governor of DIFC, said:

Essa Kazim

“DIFC’s 2030 strategy is central