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Inaugural Dubai AI And Web3 Festival Kicks Off Tomorrow, Aiming To Consolidate The Emirate’s Position As A Global Leader In Harnessing The Transformational Power Of AI

Date 10/09/2024

  • Event envisioned to emerge as one of the world’s largest AI showcases by 2027, enabling digital economies and powering innovation
  • More than 6,000 delegates, 500 investors and 100 exhibitors from over 100 countries expected to attend

The Dubai AI Campus – a Dubai International Financial Centre initiative – announced today it will organize the inaugural Dubai AI and Web3 Festival on 11 and 12 September, at Madinat Jumeirah, bringing together 6,000 participants from 100 countries. The upcoming event aims to highlight Dubai’s leading role in advancing digital economy and AI applications globally. 

The inaugural Dubai AI and Web3 Festival is expected to attract over 6,000 attendees, 500 investors and 100 exhibitors from around the world. By bringing together top decision-makers, innovators, and industry leaders, the festival will explore the commercial and economic potential of AI and its role in supporting sustainable development. The event aims to attract over 30,000 participants annually for future editions.

With a rich agenda boasting the Future Tech Talks series, featuring technology leaders, investors and regulators, the Event will mainly focus on themes of empowering digital economies and driving innovation. Keynote sessions will address topics including AI role in shaping the global economic scene, the future and funding trends of generative AI and AI benefits to public and private sectors.

Participants at the event will include over 20 Unicorn businesses including Builder.ai, Cohesity, Cerebras Systems, Innovaccer and SambaNova Systems. Additionally, 20 ministeries and government agencies have already registered to join the event, alongside 20 leading global businesses and 20 major venture capital firms.

His Excellency Essa Kazim, Governor of DIFC said: “Dubai continues to recognise the importance of innovation to cement its reputation as one of the world’s leading technology hubs. The Dubai AI & Web3 Festival will demonstrate how AI technology is quickly becoming a significant disruptor of traditional services and illustrate how DIFC and the Dubai AI Campus are the powerhouses that are helping Dubai emerge as a leading authority on driving global adoption.”

Global presence

Arif Amiri, Chief Executive Officer, DIFC Authority said: “The Dubai AI & Web3 Festival is the second initiative spearheaded by DIFC for the Dubai Universal Footprint for Artificial Intelligence, showing how the Centre is at the forefront AI innovation. The high levels of interest in both the Dubai AI & Web3 Festival and the Dubai AI Campus shows how the AI community is turning to Dubai to set the standard for innovation in this rapidly developing sector.”

A recently held ‘Future Tech Talks’ saw industry leaders, including Al Fardan Exchange, Dubai Chambers, Holon and HP, signing cooperation agreements with the Dubai AI and Web3 Festival underscoring their dedication to driving impactful change.

Another feature in the upcoming event’s agenda is the FutureTech World Cup, a competition for AI startups showcasing groundbreaking. Hosted by Dubai AI Campus, and organized in collaboration with Trescon, the event further cements Dubai’s standing as a hub of next-generation technology. 

Qualifiers in the FutureTech World Cup include Momint, Nettle a.r.o., Nash fintechX, Orbii.ai, ‘PLATMA’ and ‘Secure Blink’. In addition to pitching their idea to global investors, winner of the competition will receive the Dubai AI Licence, mentorship and guidance by industry leaders, global exposure and a significant boost through strategic partnerships.  

The Dubai AI and Web3 Festival follows the Dubai AI Campus in a series of initiatives led by DIFC as part of the Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), launched recently to accelerate the adoption of AI across all vital sectors.  

More information about the Dubai AI and Web3 Festival can be found via dubaiaiweb3festival.com.