Armenia’s AI Preparedness Index Results: A Call for Action Amid Regional Competition
Modex has recently published AI Preparedness Index 2023 showing that Armenia is at the 70th position, behind regional neighbors Kazakhstan (47th), Turkey (49th), and Georgia (57th).
And this result is not a coincidence. Let's have a closer look at what is done by Kazakhstan and Georgia to boost their innovation ecosystems:
1. Kazakhstan’s AI Vision
Kazakhstan has developed its Generative Nation Strategy, driven by key initiatives:
• Establishing an AI Development Committee and drafting a national AI Law to regulate ethical AI practices.
• Building infrastructure like KazLLM, a large language model, and a supercomputing cluster.
• Training 1 million people in AI skills by 2029 and launching Tomorrow School, a peer-to-peer AI training hub.
• Attracting global talent through the Digital Nomad Visa and fostering over 1,500 startups at Astana Hub, generating $1 billion in revenue.
See more on this topic from Kazakhstan's Minister of Digital, Innovation & Aerospace Zhaslan Madiyev - here.
2. Kazakhstan’s $1 Billion Fund of Funds
Kazakhstan recently announced the creation of a $1 billion Fund of Funds, channeling investments into regional and global VC funds to fuel innovation and position the country as a startup hub.
See more on this topic from Alim Khamitov, CEO of MOST Ventures - here.
3. Georgia’s Strategic Push in Startups and Fintech
Georgia is actively fostering its startup ecosystem by:
• Hosting the 500 Global Program to support startups from Georgia and the broader region (including several Armenian startups).
• The National Bank of Georgia is working seriously on setting Nation's Fintech Development Strategy aiming to transform Georgia into a regional fintech innovation hub.
#Analytics #Editorial
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Modex has recently published AI Preparedness Index 2023 showing that Armenia is at the 70th position, behind regional neighbors Kazakhstan (47th), Turkey (49th), and Georgia (57th).
And this result is not a coincidence. Let's have a closer look at what is done by Kazakhstan and Georgia to boost their innovation ecosystems:
1. Kazakhstan’s AI Vision
Kazakhstan has developed its Generative Nation Strategy, driven by key initiatives:
• Establishing an AI Development Committee and drafting a national AI Law to regulate ethical AI practices.
• Building infrastructure like KazLLM, a large language model, and a supercomputing cluster.
• Training 1 million people in AI skills by 2029 and launching Tomorrow School, a peer-to-peer AI training hub.
• Attracting global talent through the Digital Nomad Visa and fostering over 1,500 startups at Astana Hub, generating $1 billion in revenue.
See more on this topic from Kazakhstan's Minister of Digital, Innovation & Aerospace Zhaslan Madiyev - here.
2. Kazakhstan’s $1 Billion Fund of Funds
Kazakhstan recently announced the creation of a $1 billion Fund of Funds, channeling investments into regional and global VC funds to fuel innovation and position the country as a startup hub.
See more on this topic from Alim Khamitov, CEO of MOST Ventures - here.
3. Georgia’s Strategic Push in Startups and Fintech
Georgia is actively fostering its startup ecosystem by:
• Hosting the 500 Global Program to support startups from Georgia and the broader region (including several Armenian startups).
• The National Bank of Georgia is working seriously on setting Nation's Fintech Development Strategy aiming to transform Georgia into a regional fintech innovation hub.
#Analytics #Editorial
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