Mishustin confirmed the allocation of an additional billion for AI

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800 million rubles will go to small businesses

Chairman of the Government of the Russian Federation Mikhail Mishustin said that the authorities have allocated additional funds for the development of artificial intelligence technologies. Most of the funds will go to grants to small businesses.

“This year we will additionally allocate almost 1.2 billion rubles to support artificial intelligence. And the majority, about 800 million rubles, is earmarked for grants to small businesses – developers of products and services based on artificial intelligence,” said Mikhail Mishustin. This year, at least 16 companies should receive assistance, which will be able to use these funds to implement their solutions.

Artificial Intelligence
Artificial Intelligence

Mishustin confirmed the allocation of an additional billion for AI

Another 250 billion rubles will be spent on the formation and updating of data sets in demand in commercial circulation from government systems, as well as the infrastructure for accessing them: “Such data sets can become the basis for machine learning for organizations in key sectors of the economy and contribute to their digital transformation because these organizations need to rely on high-quality and accessible data.”

In addition, it is planned to finance a new wave of research centers in the field of artificial intelligence: “All this creates additional opportunities for launching new promising domestic solutions in such a significant sector, which is especially important in conditions of external pressure and for achieving technological independence.”

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