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Israel’s OurCrowd invests in a $60 million AI hub in Abu Dhabi

The Israeli investment platform will build on the UAE's efforts to become a world leader in artificial intelligence and attract more futuristic technology companies to the country.

ABU DHABI, UAE - The Israeli investment platform OurCrowd announced today the launch of a new artificial intelligence (AI) hub in Abu Dhabi. OurCrowd’s CEO said that the move will help attract people skilled in AI to the Emirati capital city. 

“We intend to develop core AI technology by attracting some of the world’s best AI talent to Abu Dhabi, which not only is a great place to do business and access world markets but also to live and operate in an exceptional business environment,” Jonathan Medved told Al-Monitor. 

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