Malta, known traditionally for its picturesque landscapes and tourism appeal, is carving a niche for itself in the AI industry, showcasing a remarkable blend of ambition and innovation.
With a population of just over 500,000, Malta might seem an unlikely contender in the global AI race. However, the island boasts an impressive statistic: 56 AI startups, according to startup tracker Tracxn Technologies. That translates to approximately 1 startup for every 9,500 people, outstripping the startup density of larger nations like the United States.
Malta’s journey into the realm of AI predates the current surge of interest in the field. As early as 2019, the country outlined an ambitious vision to become the “Ultimate AI Launchpad” by 2030. This vision aimed to position Malta as a hub for AI development, where both local and foreign companies could innovate, test, and scale their AI solutions.
Despite facing challenges such as the COVID-19 pandemic and political transitions, Malta remains steadfast in its commitment to AI advancement. Now, under the umbrella of the EU’s AI Act, which sets guidelines for responsible AI usage, Malta is refining its AI strategy to align with global standards.
Central to Malta’s AI agenda is a focus on responsible deployment. Initiatives are underway to address concerns such as job displacement and ethical considerations surrounding AI implementation. This holistic approach reflects Malta’s dedication to ensuring that AI benefits society while mitigating potential risks.
Professor Alexiei Dingli, a leading figure in Malta’s AI initiatives and a professor of artificial intelligence at the University of Malta, underscores the country’s foresight and leadership in the AI domain. From tackling traffic congestion to spearheading ethical frameworks, Malta is at the forefront of AI innovation, poised to make a significant impact on a global scale.
