Adobe Inc.’s stance in the AI news landscape is being compared to other top stories. The US aims to dominate artificial intelligence technology, but Russia is stepping up its efforts to compete. President Vladimir Putin recently announced a new AI alliance network with BRICS partners and other countries.
The goal of this network is to develop advanced AI solutions on an equal footing with the US and China. Putin stated that scientists from around the world are invited to join in the collaboration. This move comes as Russia faces restrictions on accessing technologies due to Western sanctions.
Sberbank, a leading Russian lender, acknowledges that microchips are a crucial component in AI development. However, they have joined forces with other national associations from BRICS countries and non-BRICS nations to overcome this challenge.
The AI Alliance Network will focus on joint research and AI regulation, providing opportunities for AI products to be sold in member countries’ markets. This alliance has the potential to significantly impact the global AI landscape, particularly given Russia’s partnership with China.
In contrast, the US is also strengthening its position in AI. President-elect Donald Trump plans to repeal President Joe Biden’s executive order on AI, aiming to reduce regulatory constraints and foster rapid innovation.
Source: https://finance.yahoo.com/news/adobe-inc-adbe-mixed-q4-214538941.html