Harnessing AI in Anti-Money Laundering: A Look at Google Cloud’s AML AI Solution
Google Cloud’s recent announcement of its launch of an Anti-Money Laundering AI (AML AI) tool heralds a new era for anti-money laundering (AML) tools...
3 min read
Johnny Kollin
:
24 January 2025 10:50:51 GST
Dubai has introduced the Dubai AI Seal, a six-tier classification and verification framework for companies providing artificial intelligence (AI) solutions. Launched by the Dubai Centre for Artificial Intelligence (DCAI), this initiative aligns with the Dubai Universal Blueprint for AI. It highlights Dubai’s efforts to establish transparent verification of reputable AI companies. Some benefits include assisting government entities and companies in purchasing decision-making and increasing business opportunities and credibility for companies that genuinely provide AI products and services whilst protecting the market from “AI Washing”.
The AI Seal is a certification program launched by the Dubai Centre for Artificial Intelligence (DCAI) at the Dubai Future Foundation, aiming to classify companies using the Dubai AI Business Activity Classification System. According to the official website, the classification aims to ensure that the seal is only granted to businesses that genuinely provide AI technology. Verified companies are classified into one of six tiers: E, D, C, B, A, and S, depending on their level of economic contribution, with ‘S’ signifying businesses with the highest impact on Dubai’s AI economy. This certification is intended to serve as a trust signal for businesses, governments, and consumers, reflecting responsible practices in AI development.
The Dubai AI Seal initiative focuses on fostering trust and innovation in AI by:
Promoting Transparency: Encouraging AI companies to verify and classify their AI businesses while enabling procuring organisations to verify AI service providers.
These objectives align with Dubai's vision of creating an innovative environment for adopting advanced technologies. More details oin the objectives can be found on the official Dubai AI Seal page.
The AI Seal certification application is awarded based on compliance with specific criteria for each tier that has yet to be announced. The application process is straightforward and free of charge. Applicants must provide detailed business information, including industry focus, workforce composition, and AI-related activities. Examples of required information include the number of AI engineers employed and descriptions of AI products or services offered. Organisations interested in the Dubai AI Seal can apply online via the official portal.
For organisations seeking to obtain the AI Seal, preparation is key. Below are some recommended steps:
While applying for the Dubai AI Seal certification is an accessible process, companies must approach it with careful planning and adherence to compliance protocols to mitigate potential risks. Here are key considerations from a risk and compliance perspective:
Addressing these considerations can help companies better prepare for the AI Seal application process and minimise risks associated with non-compliance or misrepresentation.
If your organisation needs support navigating this process, contact us at Várri Consultancy. Together, we can help position your organisation as a trusted leader in the AI landscape.
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