17:36 - 26.11.2025

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November 26, Fineko/abc.az. Artificial intelligence can bring nearly $20 trillion to the global economy by 2040.

ABC.AZ reports that Rauf Najafli, Adviser to the Minister of Economy of the Republic of Azerbaijan, made the above-said statement at the II International Caspian Innovation Forum held in Baku today.

"The Ministry has started building a supercomputer infrastructure to ensure the transition of government agencies and the private sector to data–based solutions and create a technological environment for the application of artificial intelligence solutions," he said.

Najafli also spoke about the goals: "Our goal by 2030 is clear: a fully digitalized industrial base, a highly skilled workforce and a transformed economic sector. The Industry 4.0 Readiness program has already been launched in this direction, developed by the Center for Analysis and Coordination of the Fourth Industrial Revolution (4SIM) under the Ministry of Economy of Azerbaijan in cooperation with local and international partners. The aim of the program is to improve the competitiveness of local enterprises by integrating Industry 4.0 technologies, increasing operational efficiency and promoting innovation, thereby contributing to the overall development of the country's economy."