Russia aims to compete in the AI race
The United States and China are the world’s top AI powers, and U.S. President-elect Donald Trump has announced the White House AI and the Emperor of the Code.
But President Putin’s move to align with China could change the dynamics of the AI race. Russia is one of 10 countries developing its own generative AI models, including the United States, China, the United Kingdom, and Israel.
Yakov & Partners, a Moscow-based consultancy run by former McKinsey employees, says this increases the company’s chances of becoming an even more important company.
Russia expects its gross domestic product to increase by 11.2 trillion rubles ($109 billion) in 2030 from 0.2 trillion rubles ($1.9 billion) in 2023 due to the use of AI technology in all sectors.
The company’s AI strategy also calls for 80% of all Russian workers to have AI skills by 2030, up from 5% in 2023, and investments in AI to increase sevenfold to 850 billion rubles. It is said that
Sberbank, which has developed a generative AI model called GigaChat, and technology leader Yandex, with its YandexGPT model, dominate the domestic AI market in Russia.
Russia currently ranks 31st out of 83 countries in AI adoption, innovation and investment in UK-based Tortoise Media’s Global AI Index, ranking it ahead of not only the US and China but also BRICS members India and Brazil. It’s not far behind.
Russia ranks 29th in Stanford University’s AI Vibrancy Tool, which evaluates 36 countries based on 42 AI indicators, including research and development.
