After DeepSeek leap forward, Russia’s Sberbank plans joint AI research with China

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Sberbank, Russia‘s biggest bank, plans to collaborate with Chinese researchers on joint AI projects after DeepSeek upended the technology landscape by creating a powerful AI model much more cheaply than US rivals, a top executive told Reuters.

“Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China,” Sberbank first deputy CEO Alexander Vedyakhin told Reuters.

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After DeepSeek leap forward, Russia’s Sberbank plans joint AI research with China


Sberbank, Russia‘s biggest bank, plans to collaborate with Chinese researchers on joint AI projects after DeepSeek upended the technology landscape by creating a powerful AI model much more cheaply than US rivals, a top executive told Reuters.

“Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China,” Sberbank first deputy CEO Alexander Vedyakhin told Reuters.

Discover the stories of your interest

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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