Brazil Proposes $4 Billion Investment in AI Development

Reported 3 months ago

Brazil's government has introduced a $4.07 billion plan aimed at fostering artificial intelligence (AI) technologies focused on sustainability and social benefits. The initiative seeks to enhance the nation's technological independence and competitiveness, with funding allocated from 2024 to 2028 for projects in public health, agriculture, and more. President Luiz Inacio Lula da Silva emphasized the need for Brazil to develop its own AI solutions rather than relying on imports.

Source: YAHOO

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