UAE and World Economic Forum Launch a $1 Million Agentic AI Challenge and a Global Opportunities Centre
Three initiatives announced at the opening of the Forum's Global Future Leaders meeting in Dubai tie Emirati convening power to a prize pool aimed at the world's young AI builders.
The United Arab Emirates and the World Economic Forum have launched three joint initiatives, including a $1 million Global Innovation Challenge focused on agentic artificial intelligence, announced by Mohammad Al Gergawi, Minister of Cabinet Affairs, at the opening plenary of the Forum's Annual Meeting of Global Future Leaders in Dubai.
The prize, presented as the Global Innovation Challenge and Agentic AI Award, is expected to draw 10,000 Global Shapers from 150 countries to develop solutions to modern-day challenges, with the winners to be announced at the next meeting in 2027. The Dubai gathering has brought together leaders and entrepreneurs from more than 100 countries.
Alongside the challenge, the two sides will establish a Global Centre for Future Opportunities to turn technological advances and economic openings into policy, and a Future 20 programme that will spotlight 20 people under the age of 30 seen as capable of influencing the future and leading communities.
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