GITEX Global and Expand North Star to Enhance $2.7 Trillion Global AI Economy
GITEX Global and Expand North Star are poised to drive the expansion of the global artificial intelligence (AI) economy, which is projected to reach a valuation of $621 billion in 2024 and surge to an impressive $2.7 trillion by 2032, according to the source.
Following the wildfire pace of AI adoption and the unprecedented growth in data storage demand, the 44th edition of GITEX Global is set to redefine the world’s digital economy and AI ecosystem.
With over 6,500 exhibiting companies, 1,800 startups, and 1,200 investors from more than 180 countries participating across 38 halls of innovation and business opportunities, the event will see the UAE “strategically propel the next generation of AI-driven technologies”.
The country’s strategic focus on AI is evident in GITEX’s scale and scope, as the event provides a platform to showcase cutting-edge innovations and foster international collaboration. The upcoming GITEX Global 2024, themed ‘Global Collaboration to Forge a Future AI Economy’ is set to feature a star-studded lineup, including global tech enterprises, governments, investors, experts, startups, and researchers.
Notable participants include Abu Dhabi’s Advanced Technology Research Council, G42 Group, Adobe, Alibaba Cloud, AWS, Dell, Google, Huawei, Microsoft, Nvidia, Oracle, and Salesforce. The impressive roster of exhibitors underscores the event’s significance as a platform for showcasing the latest advancements in artificial intelligence and fostering international partnerships.
“With international participation in GITEX Global 2024 rocketing by almost 40 per cent, it’s a barometer of the unstoppable ambitions of many young rising digital nations who are now confidently forging their ways into the future global AI economy through GITEX”, said Trixie LohMirmand, executive vice president of DWTC.
“As the world’s most global tech event brand with events in Germany, Singapore, Morocco, and Nigeria alongside Expand North Star, we are committed to strategically propelling the next generation of AI-driven technologies via startups, scale-ups, and unicorns”.
GITEX GLOBAL 2024 marks its largest-ever international participation, welcoming over 400 government and digital agencies and showcasing innovations from new participants such as Austria, Singapore, and Kazakhstan. The event will deliver over 120 hours of AI-focused content and launch the region’s largest Data Centre Symposium ahead of the all-new AI Everything Global 2025. Meanwhile, Expand North Star, the world’s largest startup and investment show hosted by the Dubai Chamber of Digital Economy, is running concurrently at Dubai Harbour from October 13-16.
“Expand North Star offers the ideal platform for bringing together strategic partners from the public and private sectors, investors, accelerators, and startups. The event reflects our commitment to empowering startups and strengthening the digital economy’s contribution to achieving the goals of the Dubai Economic Agenda D33”. said Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications.
With more than 1,800 exhibiting startups and 1,200 investors from over 100 countries managing assets totaling over $1 trillion, Expand North Star offers a vibrant platform for startups to engage with potential investors and showcase their innovative solutions. This remarkable participation underscores the event's importance in promoting growth and development within the startup ecosystem.