The vague works with France in the field of the development of artificial intelligence

The UAE and France have signed a cooperation agreement in the field of artificial intelligence development, as the two countries try to become two regional centers for technology, after Abu Dhabi obtained a historic investment agreement with the US giant software company “Microsoft”. French finance and economy minister Bruno Lumer said at an event in Abu Dhabi on Tuesday that France and the UAE were committed to investing together in expert cadres and data centers, including quantitative computer and semi -conductors. The minister said they would also work for the optimal benefit of the practical use of technology. The agreement was signed between the French Ministry of Finance and Economics and the Council of Artificial Intelligence and Advanced Technology in Abu Dhabi, Le Mir and the Board of the Blessed Council. Al -Mubarak, who is also the CEO of the Sovereign Investment Fund in Abu Dhabi, said Mubadala Investment Company, that artificial intelligence “has the ability to significantly improve many sectors and provide more opportunities for Emirati -Fransch co -operation”, including in the field of health care, clean energy. The development of artificial intelligence has become increasingly a political character. Governments encourage local startups, while external investment often works to improve diplomatic relations. For example, the emerging artificial intelligence business “G42”, which is supported by the UAE, won an investment of $ 1.5 billion from “Microsoft” after agreed to reduce the relationship with China in this area to calm the concern of the US government. Also read: Microsoft invests $ 1.5 billion in the UAE “G42” to distribute artificial intelligence construction on existing technology projects. The UAE and France are aimed at building on existing projects, such as the creation of a chips factory near the French city of Gronopel. The French facility was built by the French company “Sticroelectronics”, and Globalfundries, which specializes in the production of semiconductor -based in the United States and supported by “Mubadala”. The alliance with France enables the UAE to reach a growing European Center for Emerging Enterprises in the field of artificial intelligence. France was the second most popular investment destination for technology investors in Europe after the UK, as companies raised $ 8 billion in 2023, according to the data collected by the daring capital “Atomico”. The French lake company “H” in the field of artificial intelligence, which was founded by former Deepmind’s Deepmind this year, announced on Tuesday that it has raised $ 220 million from investors, including Bernard Arno and Eric Schmidt, along with a large number of investors and technology companies. More than $ 500 million has raised since its establishment early last year.