Over past 3 years, ABB earned 35 million manats from introduction of AI

12:16 - 8.05.2026


May 8, Fineko/abc.az. Over the past 3 years, ABB has invested 12 million manats in artificial intelligence infrastructure.

ABCAZ informs that ABB’s chairman of board Abbas Ibragimov said this at a press conference devoted to ABB’s sustainability report.

He added that those investments are not stable and will be sustainable.

Ibragimov noted that the bank earned 35 million manats from the use of AI for the reported term: "These are interactive indicators. That is, in the coming years and periods, as our investments in this area increase, our incomes are likely to grow. Currently, our bank, I can say, is a leader among banks that pay attention to AI. And, as I’ve already noted, we’ll increase our attention to this area."

By Elmir Muradov