Government investments in AI across key global players showcase varying levels of commitment and strategy between 2023 and 2024. While China remains the largest investor, its funding decreased from $2.1 billion in 2023 to $1.8 billion in 2024. In contrast, France demonstrated the most significant growth, doubling its AI investment from $761 million to $1.5 billion. The UAE saw a slight decline from $655 million to $546 million, while the United States and Germany significantly scaled back their investments, with the U.S. dropping from $345 million to $51 million and Germany ceasing funding entirely.
The UAE’s AI strategy is marked by targeted investments and pragmatic approaches. Despite reducing funding to $546 million in 2024, Abu Dhabi is leveraging state resources to build a sustainable AI ecosystem. Key initiatives include the $100 billion MGX fund, focusing on global AI investments, and G42, which is advancing AI in healthcare, space, and data. Additionally, the UAE is addressing gaps in Arabic-language AI by developing tailored models like JAIS, ensuring cost efficiency and cultural relevance. This strategy, combined with AI applications in energy and healthcare, positions the UAE as a meaningful player in AI, prioritizing niche markets and efficiency over high-risk global competition.