Dubai:Dubai Chamber of Digital Economy has formalized a partnership with Alibaba Cloud through a Memorandum of Understanding (MoU) to promote the adoption of Agentic AI technologies in Dubai's private sector. This collaboration focuses on enhancing capability building, startup incubation and support, and enterprise adoption of AI technologies.
According to Wam, the MoU was signed at the Dubai Business Forum - China in Shenzhen. Key figures in the signing included Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, and Dr. Feifei Li, Chief Technology Officer and President of International Business, Alibaba Cloud Intelligence.
The initiative aligns with the goals set by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to expedite the private sector's transition towards Agentic AI. Saeed Al Gergawi emphasized the importance of international partnerships in AI to aid knowledge exchange and enhance Dubai's stature as a technology hub.
Eric Wan, General Manager of Alibaba Cloud Intelligence for the Middle East, Turkey, and Central Asia, noted that Agentic AI is transitioning from experimental phases to regular business applications, which will drive Dubai's digital economy forward.
The partnership will focus on developing AI skills through the Dubai Chambers Academy and support startups with resources and connections to Alibaba Cloud's programs. Moreover, they will aid enterprises in testing and deploying AI solutions.
Alibaba Cloud has been serving the UAE market since 2016 with cloud services and continues to support local businesses through its marketplace platform, facilitating access to third-party applications and services. The partnership will also involve creating case studies to evaluate the commercial benefits of these collaborations.