Dubai: GITEX Global, recognized as the world’s largest technology event, commenced with significant discussions on AI Compute-Driven economic transformation as part of the World Future Economy Digital Leaders Summit. Held at the Dubai World Trade Centre (DWTC), the summit featured prominent global leaders and experts focusing on the burgeoning next-gen semi-conductors market and the evolution of data governance under the overarching theme, “Global Collaboration to Forge a Future AI Economy.”
According to Emirates News Agency, the event marked a significant milestone in AI adoption within various sectors, highlighting the UAE’s accelerated efforts and last year’s AI market valuation at $3.47 billion. The ongoing summit, part of the 44th GITEX Global, has seen unprecedented international attendance, showcasing a 40% growth, with Europe making a notably strong showing.
Stephane Ouaki, Head of the Department at the European Innovation Council, discussed Europe’s rapid advancements in the tech ecosystem, emphasi
zing support for transformative innovations and learning opportunities for entrepreneurs to spur regional and national economic benefits.
From Poland, Ignacy Niemczycki, Undersecretary of the State Ministry of Economic Development and Technology, outlined his country’s reliance on a robust tech culture and stable economy over the past three decades, which has positioned it as a tech leader with world-renowned IT programmers and entrepreneurs.
Further insights were provided by Dr. Jaroslaw Kutylowski, CEO of DeepL, who detailed his company’s use of large language models (LLMs) and their ongoing investments in computing technologies, including a new data center in Sweden.
The summit also featured an inspiring talk by Heman Bekele, TIME’s 2024 Kid of the Year, who discussed his journey in developing a potential treatment for skin cancer, underscoring the role of passion and resilience in achieving success.
GITEX Global is set to continue at DWTC until October 18, presenting its largest and most diverse editi
on yet, with over 6,500 exhibitors, 1,800 startups, and 1,200 investors, alongside representation from more than 180 countries.