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UAE offers $1 million prize for winners of global AI challenge

The UAE announced a prize of $1 million for the winners of a global competition aimed at improving the quality of life through the use of agentic artificial intelligence . Mohammed Al Gergawi, Minister of Cabinet Affairs, announced the award on Wednesday at the Annual Meeting of Global Future Leaders, organised by the UAE Government and the World Economic Forum (WEF). The competition, a…

UAE offers $1 million prize for winners of global AI challenge

The United Arab Emirates has announced a $1 million prize for a global competition focused on enhancing urban life through agentic artificial intelligence. Minister of Cabinet Affairs Mohammed Al Gergawi revealed the award during the Annual Meeting of Global Future Leaders, organized by the UAE government and the World Economic Forum.

This collaboration between Dubai Municipality and the WEF will involve 10,000 participants from 150 countries, working towards improving quality of life through AI. The competition's winner will be announced next year's event, with organizers aiming for it to serve as a model for cities worldwide. Additionally, a Centre for Global Future Opportunities will be established between the Dubai Future Foundation and the WEF, translating technological and economic opportunities into policy.

The Future20 initiative will also be launched, highlighting 20 leaders under 30 who can drive global transformations.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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