AI technologies will be produced in Azerbaijan's technoparks

AI technologies will be produced in Azerbaijan's technoparks
Politics 3

Artificial intelligence technologies will be produced in technology parks and industrial zones of Azerbaijan.

As Report informs, this is reflected in the Artificial Intelligence Strategy for 2025-2028, approved today by President Ilham Aliyev.

For this purpose, it is planned to attract residents who produce artificial intelligence technologies to these areas.

According to the strategy, to create a favorable business environment in the field of artificial intelligence in Azerbaijan, it is planned to attract local and foreign investments in certain priority sectors, implement at least 3 pilot projects in these sectors, prepare drafts of regulatory legal acts related to the application of support mechanisms for business entities, and provide preferential loans to at least 50 business entities.

This news edited with AI

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