MBZUAI launched the Institute of Foundation Models, the MBZUAI Metaverse Center (MMC), and the MBZUAI Incubation and Entrepreneurship Center (MIEC) at GITEX 2023. The university also signed MoUs with Abu Dhabi Customs and the Department of Municipalities and Transport to collaborate on AI applications. MBZUAI faculty participated in panel discussions on generative AI and large language models, including the Jais Arabic LLM. Why it matters: These initiatives and partnerships signal MBZUAI's central role in advancing AI research, development, and adoption across key sectors in the UAE.
MBZUAI has launched the MBZUAI Metaverse Center (MMC) and the MBZUAI Incubation and Entrepreneurship Center (MIEC). The Metaverse Center focuses on AI-driven immersive technologies for communication, healthcare, entertainment, and education. The Incubation and Entrepreneurship Center will focus on catalyzing AI innovation and adoption in industry. Why it matters: These centers signal MBZUAI's commitment to expanding AI research and fostering a startup ecosystem in the UAE.
KAUST's first Arabic MOOC, Entrepreneurship Adventures, on edX.org saw 17,000 learners attend the 10-week course, with 81% from Saudi Arabia. The free online course, developed by KAUST's Entrepreneurship Center, aims to provide fundamentals of entrepreneurship in Arabic. A survey showed that 74% of participants felt confident to join a startup and 60% would pursue entrepreneurship. Why it matters: This initiative helps break down barriers to entry for young Saudi entrepreneurs, fostering local talent and contributing to the Kingdom's economic diversification goals.
Hattan Ahmed, Head of the KAUST Entrepreneurship Center, emphasizes the importance of community for entrepreneurial success, noting that even visionary entrepreneurs rely on support networks. A supportive community can be the difference between success and failure for startups. KAUST aims to foster such an environment to attract talent, investment, and encourage future entrepreneurs in Saudi Arabia. Why it matters: This highlights the strategic focus on community building to accelerate startup growth and innovation within Saudi Arabia's evolving entrepreneurial ecosystem.
KAUST students Daniya Boges and Dr. Corrado Calì developed an AR tool for medical applications, leading to the startup IntraVides. The project was supported by KAUST's Smart Health Initiative, which provided access to AR/VR facilities and seed funding through the KAUST Innovation Fund. The KAUST Entrepreneurship Center also helped incubate the idea from concept to business. Why it matters: This highlights KAUST's role in fostering innovation and entrepreneurship in healthcare through strategic investments in advanced technology and dedicated support programs.
The KAUST Entrepreneurship Center received a Top Challenger award from UBI Global at the World Incubation Summit in Toronto. KAUST was selected from 259 finalists out of 1,370 submissions across 53 countries. The award recognizes the caliber of KAUST's accelerator programs and its focus on collaboration and innovation within Saudi Arabia. Why it matters: This award highlights KAUST's growing role in fostering entrepreneurship and innovation within the Kingdom, particularly through partnerships between academia and industry.
Sadeem, a startup founded by KAUST Ph.D. graduates, develops flood and traffic sensors powered by solar batteries and transceivers. The company's technology originated as a Ph.D. project and has been supported by the KAUST Entrepreneurship Center, including participation in the KAUST Hikma IP-based Startup Accelerator program. Sadeem's sensors are designed to mitigate damage and save lives from floods, with ten nodes currently operating on the KAUST campus. Why it matters: The development and deployment of such sensor technologies in Saudi Arabia could improve urban resilience and disaster response in flood-prone areas across the GCC region.
KAUST's Entrepreneurship Center hosted a STEAM Innovation Challenge. The challenge involved applying science, technology, engineering, arts, and mathematics to solve global problems. Participants engaged with KAUST faculty and industry experts. Why it matters: The event highlights KAUST's commitment to fostering innovation and entrepreneurship through multidisciplinary approaches to address pressing global challenges.