Rwanda Seeks U.S.$76 Million for Artificial Intelligence Policy

The national Artificial Intelligence (AI) policy, approved by the Cabinet, needs an investment of $76.5 million over the next five years, The New Times reports.

The policy comes at a time various market signals indicate that AI is a top business priority, For instance, global corporate investment in AI increased from $79.6 billion to an annual $276.1 billion by 2021, according to a report from Stanford University's Institute for Human-Centered AI.

In Rwanda, the government predicts an ecosystem worth U.S.$589 million potential by 2028.


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