The free zone in Abu Dhabi has launched a new package of licenses for establishing companies specialized in AI

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The free zone in Masdar City provides an ideal environment for the flourishing of AI companies

The free zone in Masdar City, United Arab Emirates, has announced the launch of a new package of licenses for startups and specialized companies in the field of artificial intelligence. This package is part of the collaboration between Masdar City and the Mohamed bin Zayed University for Artificial Intelligence, aiming to promote the growth of this sector in the region. The package allows AI companies to start their operations at a low cost and provides discounts for students and faculty members at the university. Masdar City's free zone offers a favorable environment for technology and AI companies, with 100% foreign ownership and tax exemptions.

On the other hand, the Inselico Medicine Center in Masdar City is striving to revolutionize drug discovery and development using artificial intelligence technology. Collaborations with specialized companies like "Core 42" and "Cerebras Systems" have been established to develop high-quality linguistic models, further enhancing the city's position as a global hub for AI and technology startups.

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