BAKU, Azerbaijan, April 11. The 6th International Forum on Artificial Intelligence (AI) and Big Data was held in Baku, bringing together experts and leaders from academia, industry, and the government sector, Trend reports.
The main goal of the forum was to discuss the latest innovations in AI and big data, strengthen international cooperation in the field, and enhance collaboration between academic circles, industries, and the public sector.
The event, hosted at ADA University, featured distinguished professors from institutions such as Columbia University, Florida Institute of Technology, New York University, and Tallinn University of Technology.
In his opening speech, Abzaddin Adamov, Dean of the Faculty of Information Technology and Engineering at ADA University, welcomed the guests.
"We are proud to host this event that unites brilliant minds from Azerbaijan and around the world to discuss critical issues related to research, achievements, and challenges in this field. Over the past decade, we have witnessed extraordinary advancements in AI and big data," emphasized Adamov.
During the forum, ADA University lecturer Samir Rustamov introduced products from the company Neurotime, including advertising targeting, chatbot systems, speech recognition, and speech synthesis.
Fariz Jafarov, Executive Director of the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR), shared that the global AI market is expected to reach $500 billion by the end of 2025. He further projected that by 2030, this figure would rise to $1.8 trillion, contributing an additional $15.7 trillion to the global economy.
Jafarov noted the indispensable role of supercomputers and the internet in AI development. He also highlighted the importance of responsible AI usage and the need to integrate inclusivity into AI tools.
"By 2030, AI will add 14 percent to the global economy's current size," he said.
Jafarov noted that Azerbaijan is already testing pilot projects on the responsible use of AI in sectors such as healthcare, education, agriculture, sports, and digital governance.
The forum was seen as a significant step toward Azerbaijan's regional leadership in AI and digital transformation.
Following the official opening, Vugar Javadov, CEO of Neurotime, and co-founder Samir Rustamov presented on "Artificial Intelligence at the Intersection of Academia and Industry."
The event also featured panel discussions with leaders from prominent companies in the AI field.
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