
AI, investment and energy discussed during UAE meeting at White House with Vice President JD Vance
UAE officials met US Vice President JD Vance at the White House on Friday to discuss AI, recent investment initiatives and increased energy co-operation.
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc, along with Yousef Al Otaiba, the UAE's ambassador to the US and Minister of State, took part in the meeting with the US Vice President.
The discussions centred on the UAE's commitment to invest $1.4 trillion in the US for artificial intelligence infrastructure, semiconductors, energy and manufacturing.
Earlier this week in Washington at the Atlantic Council's Global Energy Forum, Dr Al Jaber reflected on the unique opportunities unfolding for countries around the world – chiefly the burgeoning AI sector.
In March, Mr Vance praised the UAE's focus on AI at the American Dynamism Summit.
'One of the things they [UAE] consistently hammer upon … is that if you want to lead in artificial intelligence, you have got to be leading in energy production,' he said.
Over the past decade, the UAE − the Arab world's second largest economy − has been working to become an AI frontrunner as it diversifies its economy away from oil.
The country's efforts have resulted in the establishment of start-ups as well as partnerships and investments with industry leaders like Microsoft, Nvidia and OpenAI.
Through the creation of language models such as Falcon Arabic, the UAE has also sought to ensure aspects of Arabic culture are not left behind in the AI surge, with many large language models based on English-language data.
In 2019, the UAE announced the establishment of a university dedicated to AI, Mohamed bin Zayed University of Artificial Intelligence. Several years before, the UAE was among the first in the world to appoint an AI Minister, Omar Al Olama.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
30 minutes ago
- Al Etihad
Robinhood launches tokens allowing EU users to trade in US stocks
30 June 2025 20:38 (REUTERS)Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 US stocks and exchange-traded funds, including Nvidia, Apple and commission-free tokens can be traded around-the-clock, five days a week. They will be issued through a partnership with blockchain firm shares hit a record high and were last up 6.6%.With the move, the company stands to benefit from rising global interest in the U.S. stock market - home to some of the world's most influential tech giants and leading beneficiaries of the AI equities mix traditional finance with crypto-like trading, and have been gaining traction among international investors due to better access, flexible trading hours and lower believe such tokens could dramatically alter the securities investing landscape. In a January opinion piece for The Washington Post, Robinhood CEO Vlad Tenev wrote tokenization could also let retail investors access private companies' Park, California-based Robinhood plans to eventually develop its own blockchain that will expand trading hours for tokens to 24/7 from 24/5 company will also expand the number of available stock tokens to "thousands" by the end of the year, Tenev said at its keynote event in France on Monday."Tokenization is going to open the door to a massive trading revolution," he month, crypto exchange Kraken also launched equities-linked tokens for non-US investors. Expanding crypto tools Robinhood also announced several new product offerings, including crypto perpetual futures for its EU customers and staking for US perpetual futures will allow users to make leveraged bets on the prices of cryptocurrencies. Unlike traditional futures, they have no expiry Coinbase will also begin offering similar tools to U.S. customers from next staking lets customers lock up their cryptocurrency to help validate transactions on the blockchain, earning rewards in return. The practice had been controversial in recent years, until the Securities and Exchange Commission's staff last month said some forms of staking are not securities offerings. Stock Markets Continue full coverage

Zawya
36 minutes ago
- Zawya
Huawei and African Utilities Release fine-grain Optical Transmission Network (fgOTN) White Paper to Guide Next-Gen Power Communication Networks
During the Africa Energy Forum, Huawei, together with several African electric utilities, officially released the fgOTN (fine grain OTN) White Paper for Electric Power, offering critical insights and guidance for African utilities on building next-generation power communication networks. The white paper is designed to support power companies in navigating the evolving digital landscape, which is increasingly defined by AI integration and emerging service demands. Addressing Legacy Network Challenges As the power sector continues its digital transformation, traditional communication technologies such as SDH (Synchronous Digital Hierarchy) are reaching the end of their lifecycle, with limited evolution and outdated infrastructure. In response, the newly released white paper introduces fgOTN, a next-generation solution that provides a reference architecture and construction roadmap for power communication networks, leveraging fine-granularity Optical Transport Network (OTN) technology. fgOTN: Built for Africa's Power Sector The fgOTN technology is a small-granularity hard pipe system derived from the OTN standard, offering secure, isolated data transmission through rigid hard pipe channels. This architecture boosts bandwidth efficiency and ensures reliable, high-performance communications, meeting both current and future demands of African power networks. The white paper outlines how power communication networks should be: Fully automated Digitalised and intelligentised Able to support centralised, unattended operations Optimised for enterprise digital workflows and market-based transactions These capabilities will significantly enhance the sector's ability to observe, control, and manage grid systems in real time. Industry Support and Technical Leadership Luo Xin, Optical Product Director at Huawei Southern Africa Region, stated: 'fgOTN is a new ITU-T-defined technology that inherits the safety and stability of SDH and adds the scalability and intelligence of OTN. It's tailor-made for the power industry. In April, CIGRE established the D2.65 working group to explore its application in the energy sector. With this white paper, we aim to empower African utilities to embrace fgOTN as a core enabler of smart grid communications.' Distributed by APO Group on behalf of Vuka Group. Download the fgOTN White Paper for Electric Power: Contact our sales team to position your smart solution: Visit the Huawei website for more information:


Khaleej Times
an hour ago
- Khaleej Times
From sci-fi to zombies: Emirati filmmakers push for more original stories on screen
Prominent Emirati filmmakers argue that the country's film movement, though still in its infancy, is progressing with time. However, the Arab world's first sci-fi movie producer, Ghanem Ghubash, told Khaleej Times that much needs to be done for the Emirati film scene to evolve further on the world stage. Ghubash, along with his partner S.A. Zaidi, created the first science fiction film set in the UAE, with familiar scenes of the Dubai skyscrapers conquered by extraterrestrial creatures. That movie was released in 2016, and a lot has changed since then, Ghubash said. Another dilemma Ghubash noted was that young filmmakers are 'just trying to imitate what's happening in Hollywood.' He explained, 'they need to create their own stories, their own narratives.' He added that more film creators should branch out and look into other genres like sci-fi or horror, as Ghubash believes genres are 'missing' from the film scene. 'If we incorporate the right genres or we show what's happening in the families here, the curiosity will start to grow,' he said. The sci-fi movie producer said his next film will be a zombie movie, something unheard of in the Emirati film scene. 'I'm trying to do a science fiction post-apocalypse. Basically, a story when the world already ended, mixed with a horror survival movie,' he explained. Currently, it is in the pre-production stages, meaning that the crew is still doing casting and location scouting, as well as getting the movie's script approved by a governmental entity. 'A lot of people think that the city is something it's not. They give it a glam light. They think all Emiratis drive, are rich and have jaguars. So, they don't know who the real people here are,' Ghubash said. 'There are a lot of amazing people in the city and they have amazing stories to tell.", Ghubash said he doesn't think a budget from government grants is going to develop the film scene; rather it is the people. 'You have to gather the right people to make the film scene grow,' he said. 'People who are film enthusiasts who want to struggle through this. You can't do this as a part-time hobby. It takes your full attention.' Need for more talent Hamad Saghran, a filmmaker based out of Ras Al Khaimah, agreed that more support is needed for development, especially in the technical field. 'More qualified Emirati professionals are needed, as well as in scriptwriting, where storytelling and cinematic structure need greater focus and nurturing.' The 37-year-old filmmaker created countless short movies which take place in his native Ras Al Khaimah, and which take heavy inspiration from his heritage and culture. Saghran added that although some governmental entities, like the Emirates Foundation and the Al Qasimi foundation, backed some of his film projects, they are mostly self-funded. 'Having financial support definitely helps with production quality and creative freedom, but it's not everything,' he said. 'Not getting funding doesn't mean we stop. It just pushes us to find more resourceful ways to bring ideas to life.' Crucial platforms In terms of where the future is headed for the country's film scene, Saghran believes progress is still not up to par. He said that the Emirati film movement experienced a 'successful start from 2001 to 2018, thanks to film festivals,' but that the suspension of some festivals, like the Abu Dhabi Film Festival's closure in 2015, led to a 'noticeable slowdown in cinematic activity,' he said. 'Festivals are crucial platforms for showcasing talent and engaging with audiences,' Saghran said. 'Still, there are ongoing efforts by filmmakers across the UAE. Many young creatives are full of potential but lack the necessary support.' He added that he believes artificial intelligence tools will significantly make it easier for young filmmakers to unleash their full potential, but cautioned that they should be used wisely. 'At the end of the day, filmmaking is an emotional, human-driven experience. Mistakes and imperfections are part of its authenticity,' Saghran said. Ghubash stated that it is possible for filmmakers to integrate the use of AI in the process. "We can rely on AI to incorporate great works of visual narration, I think it's more accessible," he added.