AI – a tool for enhancing Armenia’s competitiveness – Eqwefy CEO

YEREVAN, February 24. /ARKA/. Artificial intelligence is another tool for enhancing Armenia's competitiveness, said Samson Avetyan, CEO of the Armenian investment company Eqwefy, in an interview with ARKA news agency.

"Any technology that a country can leverage increases its competitiveness. In this regard, AI is another tool for strengthening Armenia's position. We must develop technologically and become more competitive," he said, answering a question about how the AI trend could impact the Armenian market and whether the country has the potential to create and develop AI startups.

Avetyan noted that there have already been certain successes and promising prospects in this direction.

"Of course, there are issues related to infrastructure and the availability of hardware resources, but these are technical details that can be addressed. Overall, the trend is positive, and its development will be beneficial for Armenia," he added.