Azerbaijan's Central Bank, Ministry of Digital Development ink memorandum in artificial intelligence

The Central Bank of Azerbaijan and the Ministry of Digital Development and Transport have signed a memorandum of understanding in the field of artificial intelligence, Report informs with reference to the regulator.

The agreement was reached taking into account the significance of artificial intelligence solutions and their possible contribution to the development of various sectors.

The main goal of signing the document is to support projects, initiatives and ideas in the field of artificial intelligence in Azerbaijan, including the implementation of joint projects in financial markets, as well as measures to develop skills, technologies, ecosystems, infrastructure and management mechanisms in the field of artificial intelligence.

At the same time, the focus will be on issues such as organizing relevant trainings, seminars and conferences in order to increase knowledge in this area.