The first deputy chairman of the board of Sber spoke about the future of Russian neural networks

The first deputy chairman of the board of Sber spoke about the future of Russian neural networks

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He said that the company is ready to share technologies with partners from friendly countries.

First Deputy Chairman of Sberbank Alexander Vedyakhin called the UAE market one of the priorities for Russian businessmen in his interview with the Arabic TV channel Asharq News. He also shared the company’s development plans in the Middle East and spoke about Russian-made AI technologies – GigaChat and Kandinsky.

According to the top manager, the priority for Russian business is the development of partnerships with the UAE and the Middle East. The company is ready to share its technologies. In particular, this concerns the development of artificial intelligence (AI). Today, in any industry, even the most unusual or ancient one, such as construction, agriculture, medicine – everywhere AI gives an increase in efficiency by 5-7 times, and profits increase by 2-3 times.

“Russia’s GDP from AI will grow by 1% over the next few years. This is a lot for Russia, as for any country. That’s why we develop AI ourselves and help our clients. Sber is a center of competence in the field of AI, which actively shares this knowledge,” Vedyakhin emphasized.

He said that at the moment in our country there are two companies that are developing neural network models – Yandex and Sber.

“Our GigaChat has now beaten ChatGPT 3.5 in official measurements. I think that in the near future we will catch up with ChatGPT 4. Another direction we are developing is generative AI – and our Kandinsky neural network, which draws, understands and makes videos very well, its characteristics are comparable to such leading solutions as Midjourney,” Vedyakhin said.

He also shared the company’s results for the past year. According to him, in 2023 Sber earned a record profit of 1.5 trillion rubles or $16.4 billion.

“This is pure profit and this is an absolute record, despite all the restrictions that we currently have. Sber is number one in shares on the Moscow Exchange. Since 2000, we have been the best in the Russian market in terms of performance,” the speaker concluded.

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