Musk also interacted with senior UAE leaders, including the crown prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

The move aligns with broader UAE initiatives, such as the Bridge Summit 2025, aiming to position the UAE as a media and content innovation hub.

The deal redraws TikTok’s US operations around local data, algorithm oversight, and majority-American governance.

Gartner identifies the “Companies to Beat” across nearly 30 AI segments, highlighting how competition is shifting from models to platforms, agents, and ecosystems.

Real GDP grew 4.2% Y-o-Y to AED 929 billion in H1 2025

He pointed out that the AI industry had become extremely competitive with several companies chasing similar concepts and fundings.

Google says Gemini 3 Flash is designed for near real-time processing while supporting complex, production-grade workflows.

Federal licensing brings online betting and casino gaming under formal oversight for the first time.

The collaboration will also see the launch of the GenAI Academy, an initiative to develop hackathons for MBZUAI undergraduate students, as well as a Strategic Research Program to disseminate AI research in priority areas.

The partnership reflects a broader industry push away from tightly coupled virtualisation ecosystems.