The new collaboration is aimed at boosting technological partnerships between the group’s member states
The Russian Direct Investment Fund (RDIF) has announced the launch of an alliance within the BRICS group aimed at joint development of Artificial Intelligence (AI).
RDIF chief executive, Kirill Dmitriev made the announcement on Wednesday on the sidelines of the AI Journey conference in Moscow. Over 20 companies from six of the bloc’s member-states (Russia, China, India, Brazil, Iran and the UAE) have already joined the BRICS+AI alliance.
Among the 50+ companies reportedly in favour of creating an alliance are universities, medical companies, pharmaceutical developers, financial infrastructure developers, telecommunications innovators, manufacturers of electric batteries and of semiconductors, according to Dmitriev.
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