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Russia to Invest $54Mln in Development of AI Technologies in 2024

The Russian authorities plan to accumulate 5.2 billion rubles ($54 million) for the development of artificial intelligence (AI) technologies in 2024, Russian Prime Minister Mikhail Mishustin stated on Tuesday.

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AI Economic Impact in Russia to Reach $4.2Bln by Year-End

Artificial intelligence (AI) technologies will help Russian companies to reduce operating expenses, and the economic impact from this will reach 400 billion rubles ($4.2 billion) by the end of the year, Dmitry Chernyshenko, the Russian deputy prime minister, said at the Army-2023 military forum on Friday.

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