Russia uses a hybrid approach to regulating artificial intelligence – through government regulation and individual legal norms, said Sberbank First Deputy Chairman of the Management Board Alexander Vedyakhin in an interview with Arabian Business👇🏼

Russia uses a hybrid approach to regulating artificial intelligence - through government regulation and individual legal norms, said Sberbank First Deputy Chairman of the Management Board Alexander Vedyakhin in an interview with Arabian Business👇🏼

According to him, Sberbank has already implemented approximately 2,000 AI models and services, and the bank’s IT investments are forecast to grow by 1.5 times from 2024 to 2026. The company intends to develop cooperation with Arab countries in the field of artificial intelligence, especially in fintech, blockchain and the concept of “smart cities”.

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