Finance
Russia teams up with BRICS to create AI alliance, Putin says
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026
Russia teams up with BRICS nations to form an AI alliance, aiming to challenge US dominance in technology, as announced by President Putin.
MOSCOW (Reuters) - President Vladimir Putin said on Wednesday that Russia would develop artificial intelligence with BRICS partners and other countries, a bid to challenge the dominance of the United States in one of the most disruptive technologies of the 21st Century.
"I am confident that the international alliance of national associations and development institutes in the field of AI of BRICS countries and other interested states will give a significant boost to such cooperation," Putin told an AI conference in Moscow.
"We will launch this alliance today," he said.
Russia's largest lender Sberbank said that the new AI Alliance Network would include national AI associations from China, ranked as one of the world's top two AI powers, along with Russia, India, Brazil and South Africa, in a partnership.
(Reporting by Gleb Bryanski; editing by Guy Faulconbridge)
The main topic is Russia's collaboration with BRICS nations to form an AI alliance to challenge US dominance in technology.
President Vladimir Putin announced the AI alliance at a conference in Moscow.
The AI alliance includes Russia, China, India, Brazil, and South Africa.
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