BAKU, Azerbaijan, October 10. Azerbaijan has developed a draft strategy for the development of artificial intelligence, Azerbaijan's Minister of Digital Development and Transport Rashad Nabiyev said at the “INMerge Innovation Summit,” organized by PASHA Holding for the fourth time, Trend reports.
“In 2024, every third dollar of investment is directed to startups related to artificial intelligence. We in Azerbaijan also strive to take a leading position in this field and have already drafted an ambitious strategy for the development of artificial intelligence for the country,” he stated.
The Minister highlighted that over the next three years, there is a strategic initiative to establish a cutting-edge innovation hub centered around AI at one of the nation's premier universities.
Nabiyev also emphasized that Azerbaijan pays special attention to integrating the principles of sustainable development into the daily technological and innovation agenda.
To note, "The 'INMerge' Innovation Summit, organized by PASHA Holding for the fourth time.
This summit, organized by PASHA Holding, aims to contribute to the development of the innovation ecosystem in the country, bringing together startups and investors to provide opportunities for collaboration, as well as creating a platform for exchanging ideas and experiences among all participants in the innovation ecosystem.