Abu Dhabi is moving its R&D strategy up a gear with the formation of a new Advanced Technology Research Council or ATRC, to be headed up by Dark Matter founder Faisal Albannai.
With a growing variety of R&D initiatives driven by the likes of ADNOC, DarkMatter, Group 42, Inception Institute of Artificial Intelligence and others, Abu Dhabi is starting to create a significant R&D ecosystem. Last year Abu Dhabi Investment Office and SenseTime announced that the AI unicorn would open an EMEA R&D centre in Abu Dhabi employing 600 engineers. More recently ADQ launched a $300 million startup fund aiming to bring promising Asian startups to set-up in Abu Dhabi. The mix of big tech, new startups and government-backed R&D initiatives could turn out to be a magic combination.
Read the full article in The National here.