Sberbank, Yandex, Gazprom Neft, the Russian Direct Investment Fund, Mail.ru Group and MTS are putting together a new alliance for artificial intelligence development; the federal Ministry for Economic Development will lead the effort.
According to Sberbank President Herman Gref, the project is being designed as a private-public partnership.
The Sberbank president pointed out that the new consortium is open for any other companies, big or small.
This story initially appeared in Marchmont Innovation News, Russia’s daily business news website.