Abu Dhabi has launched a $200 million tech investment platform that it hopes will help developing countries catch up with wealthier nations. The emirate’s Advanced Technology Research Council (ATRC), which unveiled the initiative at the World Government Summit in Dubai, will fund “resource and research costs” in six sectors, transport, healthcare, aerospace and space, food and agriculture, safety and security, and sustainability, environment and energy. Public and private institutions worldwide can apply for funding from the ATRC Global Tech R&D Platform, which aims to “bridge technology gaps” and enable countries to “keep pace with the latest advancements”, according to a statement announcing its launch. Our commitment is to empower every nation with the means to thrive in this technology-driven world,” said the ATRC secretary general, Faisal Al Bannai. ATRC specialises in tech sub-sectors including quantum computing, AI, autonomous robotics, cryptography and advanced materials, and has a team of about 850 […]