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Discover how RAK DAO and Humans.ai are incentivizing Ras Al Khaimah’s first AI-focused firms, changing the AI tech environment in the Free Zone.

The first AI-focused businesses to establish a presence in Ras Al Khaimah, the sixth-largest city in the UAE, will be eligible for special incentive packages from RAK Digital Assets Oasis (RAK DAO), a dedicated Free Zone promoting digital asset enterprises.

The companies are initiating a new operational cooperation by signing a Memorandum of Understanding (MOU), with the goal of reshaping the regional AI technology landscape within the only Free Zone devoted to international digital and virtual assets enterprises.

AI businesses in RAK Now that DAO has access to its ecosystem partners, members will have access to the products and services provided by the ecosystem network, including toolkits, dApps, and technological advancements like Humans.ai, as well as grant opportunities, venture capital partners, banking, and licensing.

The collaboration between RAK DAO and Humans.ai seeks to provide a strong blockchain infrastructure that empowers AI businesses in RAK DAO. Additionally, it will focus on ensuring that businesses can transparently and securely manage their AI models.

Additionally, businesses will gain from having complete access to the Humans.ai network, its services, tools, and comprehensive tech support to improve their operational effectiveness and increase their capacities.

Promoting “the adoption of AI in the region” and “entrepreneurship”

Humans.ai CEO and founder Sabin Dima expressed his excitement about starting this transformative adventure with RAK DAO.

“This strategic alliance between Humans.ai and Ras Al Khaimah Emirate represents a significant step forward in promoting creativity, technical development, and economic expansion.

“By combining Humans.ai’s blockchain and AI expertise with Ras Al Khaimah’s forward-thinking backing, the RAK DAO initiative will establish an environment that promotes entrepreneurship and the adoption of AI in the area, leaving a long-lasting mark on the AI landscape globally.

RAK Digital Assets Oasis and Humans.ai will look at creative ways to enhance AI, positioning Ras Al Khaimah at the cutting edge of the field. In order to foster AI-driven entrepreneurship, the alliance will look into the possibility of establishing collaborative accelerators, venture studios, and other facilities.

Businesses located within the RAK DAO Free Zone will gain from a streamlined, simplified, and effective working environment, as well as from supporting infrastructure and workspaces customized to meet their unique requirements.

Our relationship with Humans.ai represents an incredible milestone for RAK DAO and Ras Al Khaimah, said Dr. Sameer Al Ansari, CEO of RAK DAO.

Together, we will build an ecosystem that encourages innovation, entices enterprises focused on AI, and positions Ras Al Khaimah at the cutting edge of the field.

The RAK DAO provides a clear legal framework that makes it easier to start and run virtual assets businesses. RAK DAO seeks to advance the development of developing sectors, spur innovation, and unleash the potential of digital assets by establishing a thriving ecosystem and offering comprehensive services.

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