Sberbank Plans to Open Russia’s First AI Institute

Russia’s Sberbank will soon open the first institute in Russia to study artificial intelligence, said bank CEO Herman Gref said at the AI Journey conference on Thursday, TASS informed.

“In the near future, we will open the first AI institute in Russia with the involvement of leading domestic and world scientists. The main mission of the institute is to provide an interdisciplinary approach to research to create general artificial intelligence,” Gref said.

According to information posted on the SberPress website, the AI institute is scheduled to open in Moscow in January 2021. At the first stage, the institute will be academic, that is, focused on the symbiosis of fundamental research and their orientation in the applied directions of human activity.

The scientific director of the institute will be one of the world’s most famous specialists in the field of artificial intelligence, Juergen Schmidhuber.