Qatar`s StartUp Grind Chapter Examines Role of AI

10/09/23

Qatar`s Startup Grind Doha chapter recently organised an event entitled ‘Unveiling the Future: Empowering Qatar’s Startups with AI’.

The meet up brought together startup founders, investors, academia and ecosystem experts from the private and public sector. It debated how The Ministry of Communications and Information Technology (MCIT) has already established Qatar`s National Artificial Intelligence Strategy which focuses on six pillars. Namely, education, data access, employment, business, research and ethics.

The panel also examined how AI capabilities, which include new human like chatbots, are now becoming commonplace on corporate websites and applications. It was however, explained that AI has been in development for over two decades, however recent advancements have increased public awareness.

StartUp Grind Doha experts further explored the importance of startups and established entities alike needing to fully understand how AI can be best utilised within their businesses. The panel noted this process should involve AI experts and incorporate the right AI models relevant to their industry and products.

Due to its embracement of AI and its revolutionary national strategy, Qatar has an opportunity to lead the regions development, with stakeholders including innovators, investors and government departments possessing the potential to chart a pioneering path. However the panel further noted that AI isn’t merely a technological trend, it will become the future and must be embraced accordingly. As a result, to maximise the potential of this new technology it is Qatar`s collective responsibility to prepare and propel itself to the forefront of the industry.

Startup Grind Doha is committed to bringing Qatar`s startup ecosystem together. Its events successfully create an opportunity to learn and provide valuable networking opportunities.

Business Start Up Qatar offers a network of experts and specialists within the lifecycle of a business. We can offer expertise in Market Research and Assessment Qatar, Qatar Business Case, Qatar Business Model Development, Feasibility Study and Business Plan Qatar, Organizational and Operational Structuring Qatar, Qatar Sponsorship and Partnership, Company Formation Qatar among others.

Please click on the link to learn more about opportunities and possibilities in the State of Qatar as well as the initiatives of Business Start Up Qatar.

Other News

BSUQ News 51 - Thumb

Qatar Foundation funds over 4,800 projects since 2007

Qatar Foundation (QF) has been leading Qatar’s efforts to diversify the economy and transform the nation into a knowledge based society.

Across the fields of IT, energy, environment and healthcare,...

Read more
BSUQ News 50 - Thumb

Qatar focused on developing the healthcare sector

Qatar`s healthcare sector is expected to increase at a compound annual growth rate (CAGR) of 5.2 percent by 2028 according to data by Fitch Solutions.

Analysts predict such figures based on recently...

Read more
BSUQ News 49 - Thumb

Qatar's gateway for global talent: The Mustaqel Visa

Qatar is set to revolutionise its labour market with the launch of the Mustaqel Visa, a groundbreaking five-year renewable residency permit designed for international entrepreneurs, exceptional talents...

Read more
BSUQ News 48 - Thumb

Qatars 'Young Entrepreneurs Initiative’ empowers students

Qatars ‘Young Entrepreneurs Initiative’ aims to educate its students about leadership skills with the goal of chanelling energies and ideas to serve the society.

The initiative is a combined programme...

Read more
BSUQ News 47 - Thumb

Qatar Scholarship Programme to accept 100 new recipients

Qatar Scholarship Programme recently introduced 100 new scholarships at an event attended by The Education Above All Foundation (EAA) and the General Directorate of Endowments (Awqaf).

The event also...

Read more
BSUQ News 46 - Thumb

Qatars Construction market forecasts growth of 9.13%

Qatar’s construction sector is expected to be valued at QAR 354.7 billion (USD 97.4 billion) by 2029, reflecting a compound annual growth rate (CAGR) of 9.13 percent.

A recent report also predicted...

Read more
BSUQ News 44 - Thumb

Qatar records budget surplus of QAR 43 billion for 2023

Qatar`s Ministry of Finance recently revealed fourth quarter results led to a total budget surplus of QAR 43.1 billion (USD 11.84 billion) for the last fiscal year.

Data revealed that during the fourth...

Read more
BSUQ News 43 - Thumb

Qatar announces huge increase in North Field gas reserves

Qatar Energy has announced a new LNG expansion project, which will increase production capacity to 142 million tons per annum (MTPA).

Termed as the ‘North Field West’ project, completion is scheduled...

Read more

Page Break