Dubai AI & Web 3.0 Campus issues license to support tech startups

  • Date: 14-Aug-2023
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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Dubai AI & Web 3.0 Campus issues license to support tech startups

The Dubai AI and Web 3.0 Campus is issuing artificial intelligence and Web3 licenses supporting activities ranging from Distributed Ledger Technology Services, specialized Artificial Intelligence Research & consultancies, IT infrastructure builders, Technology Research and Development and Public Networking Services.

Licenses will be issued by Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region, which is currently home to an established ecosystem of tech enablers and start-ups at the DIFC Innovation Hub.

The Dubai AI and Web 3.0 Campus is a dedicated campus for AI and Web3 innovation and will provide state-of-the-art physical and digital infrastructure within the DIFC Innovation One new premise, including R&D facilities, accelerator programs and collaborative workspaces, to attract, build and scale firms in the region. The campus was launched earlier this year and is supported by Dubai’s industry-leading regulatory regime aligned with the emirate’s vision of becoming a global leader in AI and Web3.

Mohammad Alblooshi

CEO

DIFC Innovation Hub “We are thrilled to announce that we are now granting innovative AI and Web3 companies licenses out of DIFC. The campus will foster a world-class nurturing environment that enables business growth and development. We are confident that by granting these