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Pakistan to invest US$1bil in artificial intelligence by 2030, announces PM Shehbaz

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Pakistan Bets Big on AI: US$1 Billion Investment by 2030 Announced

Pakistan is poised to make a monumental leap into the future, with Prime Minister Shehbaz Sharif announcing a staggering US$1 billion investment in Artificial Intelligence (AI) by the year 2030. This ambitious commitment underscores the nation’s strategic vision to position AI development as a central pillar of its economic and technological growth.

This substantial financial injection is expected to act as a powerful catalyst for innovation across diverse sectors. From healthcare and education to agriculture and finance, AI holds immense potential to revolutionize service delivery and problem-solving within Pakistan. The investment will likely fuel crucial research and development initiatives, support the establishment of specialized AI educational institutions and incubators, and foster a dynamic startup ecosystem focused on cutting-edge AI solutions.

The government’s proactive approach isn’t solely about adopting new technologies; it’s fundamentally about cultivating a highly skilled workforce capable of leading the AI revolution. This strategic push is anticipated to generate a significant number of high-value jobs, attract further foreign investment, and integrate Pakistan more deeply into the global digital economy. It represents a bold move designed to future-proof the nation’s economy and significantly enhance its competitiveness on the international stage.

As the world accelerates into an era increasingly shaped by artificial intelligence, Pakistan’s forward-thinking stance, championed by Prime Minister Shehbaz, marks a pivotal moment. This US$1 billion investment by 2030 is far more than just a financial figure; it is a clear declaration of intent to harness the transformative power of AI for national prosperity, progress, and a brighter future.

Source: Original Article

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