Brazil's government announced a proposal to invest 23 billion reais ($4.07B) in AI to develop sustainable, socially-oriented technologies and position the country as a leader in Latin America.
The government envisions 'national sovereignty' in AI to reduce reliance on imported technologies. This strategic move is pivotal for enhancing technological capabilities and fostering economic growth.
The proposed AI investment plan allocates resources for 'immediate impact initiatives' across various sectors, like public health and education, improving customer service and operational efficiency.
President Lula emphasized the urgency of homegrown AI, stating, 'Instead of waiting for AI to come from China or the U.S., why not have our own?' This reflects a commitment to income and employment generation.
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