Azerbaijan announces a draft AI strategy for startup funding and AI center establishment at the INMerge Innovation Summit.

Azerbaijan's Minister of Digital Development, Rashad Nabiyev, announced a draft strategy to advance artificial intelligence (AI) during the INMerge Innovation Summit. The plan includes investing one-third of startup funding in AI by 2024 and establishing an AI innovation center at a leading university within three years. The summit fosters collaboration among startups and investors while promoting sustainable development in technology and innovation.

October 10, 2024
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