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UAE Launches $200 Million Global Tech R&D Platform

The platform is poised to offer tailored solutions to pressing technological needs.

By Inc.Arabia Staff
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The Advanced Technology Research Council (ATRC) of the UAE has launched a global technology advanced research and development (R&D) platform, backed by an initial funding of $200 million, to address the technology disparities experienced by nations worldwide.[1]

Announced at the World Governments Summit in Dubai, the ATRC Global Tech R&D Platform, spearheaded by the Abu Dhabi government, is poised to offer tailored solutions to pressing technological needs, enabling countries to stay abreast of the latest advancements.

The platform will provide advanced solutions either through donations or at affordable prices, ensuring accessibility for governments and organizations in need. With a focus on collaboration and inclusivity, the ATRC invites applications from stakeholders across the globe.

Initiatives in six core sectors—aerospace and space; food and agriculture; healthcare; safety and security; sustainability, environment, and energy; and transportation—that are in line with the platform's goal will be supported after a thorough evaluation process.

For more information and to apply for support from the ATRC Tech R&D Fund, interested parties can visit ASPIRE.

Over nearly four years, ATRC has built an R&D ecosystem with over 850 researchers from more than 70 countries.

Its ecosystem aids each crucial phase of the technological development process. Through major challenges and international competitions, its subsidiary, ASPIRE, crowdsources talent worldwide and works with clients to identify technical gaps.

In a similar effort to encourage wider adoption of innovative technology, the Technology Innovation Institute (TII) was among the first to open-source Falcon 40B, the world's leading language model, under the Apache 2.0 license, royalty-free.

Leading scientists and researchers are housed in the Technology Innovation Institute (TII), which focuses on practical research with deliberate outcomes.

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