UAE Council for AI & Blockchain Expands Ambitions as Mining Journey Takes Off

UAE Council for AI & Blockchain Expands Ambitions as Mining Journey Takes Off

The UAE Council for Artificial Intelligence and Blockchain is intensifying its efforts, venturing into the second phase of its groundbreaking work to adopt AI initiatives across government entities. Simultaneously, the UAE’s mining journey gains momentum through a strategic partnership between Marathon Digital, a renowned Bitcoin miner, and Zero Two, the digital asset arm of Abu Dhabi’s sovereign wealth fund.

With the aim of boosting the UAE’s competitiveness in priority sectors, the Council is dedicated to harnessing the power of AI to drive economic growth and efficiency. Meanwhile, the joint venture between Marathon Digital and Zero Two has resulted in the establishment of two state-of-the-art mining sites in Abu Dhabi, boasting an impressive combined capacity of 250 megawatts (MW).

As the UAE embarks on this dual technological advancement, it signifies the nation’s commitment to innovation and digital transformation. By spearheading AI integration in government sectors and facilitating cryptocurrency mining operations, the UAE is solidifying its position as a global leader in cutting-edge technology and sustainable economic development.

With both the UAE Council for Artificial Intelligence and Blockchain and the Marathon Digital-Zero Two partnership in full swing, the UAE is primed to embrace a future characterized by AI-driven governance and a flourishing digital asset ecosystem. This multi-faceted approach exemplifies the nation’s unwavering dedication to shaping a prosperous and technologically advanced society.