Russia has world’s cheapest energy for AI — envoy
That Russia can take the lead in this sphere is key, Kirill Dmitriev, Special Representative of the Russian President for Investment and Economic Cooperation with Foreign Countries and Head of the Russian Direct Investment Fund said
Russia possesses the world's most affordable energy resources, according to Kirill Dmitriev, Special Representative of the Russian President for Investment and Economic Cooperation with Foreign Countries. Dmitriev, who also heads the Russian Direct Investment Fund, highlighted this advantage as a potential pathway for Russia to become a leader in the artificial intelligence sector. The low cost of energy is seen as a significant factor that could attract AI development and related industries to the country.
This statement suggests that Russia's energy cost advantage could position it as a competitive hub for the rapidly growing and energy-intensive field of artificial intelligence.
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