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An artificial intelligence center and a venture fund to support startups will open in Uzbekistan

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The Tech AI

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IT Park Uzbekistan plans to open an artificial intelligence center and establish a venture fund to support startups. $50 million will be allocated for the implementation of AI projects, and a $10 million venture fund will be created for startups. Additionally, the state plans to co-fund startups attracting foreign investments, providing one dollar for every dollar attracted. The cost of patenting and trademark registration will also be covered. To enhance the skills of 3,000 specialists, they will be sent to leading manufacturing companies in Germany, Japan, South Korea, China, and Turkey.

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