Kazakhstan to invest $1 billion in artificial intelligence in 5 years

Artificial intelligence applied sciences, which have lately change into part of our lives, have begun to be used in nearly each area.

Whereas many international locations are creating their very own artificial intelligence applied sciences, the race in the trade has intensified in latest years.

GIANT AI INVESTMENT FROM KAZAKHSTAN

Heads of presidency of the Eurasian Financial Union (EAEU) member international locations got here collectively on the Almaty Digital Discussion board-2021 held in Almaty, Kazakhstan.

Sending a video message to the discussion board attended by the prime ministers of Russia, Belarus, Kyrgyzstan, Uzbekistan and Armenia. (*5*)President Kassym-Jomart Tokayev He additionally introduced that Kazakhstan plans to invest over 1 billion {dollars} in the sector of artificial intelligence in the following 5 years.

(*5*)President Tokayev, “For this goal, a nationwide artificial intelligence middle is being established at Nazarbayev College in cooperation with the World Financial institution. We invite all our companions in the Union (AEB) and the area to multi-faceted cooperation in this area.” used the expressions.

LEADER NOW USA

In accordance to the data compiled from the Info Expertise and Innovation report, the USA ranked first with 44.6 factors in the artificial intelligence race, whereas China was the second with 32 factors and the EU was third with 23.3 factors.

(*5*)One of the vital standards in the artificial intelligence race was decided as spending on R&D. Within the analysis based mostly on 2019 knowledge, whereas China left the EU behind in R&D expenditure, American software program and pc firms spent 3 instances extra money in 2019 than China and the EU mixed.