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Russia Today
08-08-2025
- Politics
- Russia Today
Russian teens sweep gold at global AI contest
A team of Russian middle-schoolers has won eight medals at the second International Olympiad on Artificial Intelligence (IOAI) in China, Deputy Prime Minister Dmitry Chernyshenko announced on Friday. The team brought home six golds, one silver, and one bronze – the highest number of gold medals among all participants. Launched in 2024, the IOAI presents itself as the world's first high-level academic AI tournament for middle school students. This year's event took place in Beijing from August 2 to 8, bringing together 310 students from 61 countries and regions, including the US, China, India, Sweden, Japan, Poland, Brazil, and the UAE. In the team round, students developed solutions within a simulated smart factory environment, with the top 10 teams seeing their solutions tested on real factory hardware. Russia's team entered the top 10 on day one and finished second overall, while two Polish teams took first and third. The two-day individual round involved machine learning, natural language processing, and computer vision. Other gold medals went to students from Kazakhstan (3), Poland (3), India (3), Romania, Sweden, Vietnam, China and Japan. Chernyshenko praised the Russian students for their talent, persistence, and knowledge, crediting their success to Russia's strong physics and mathematics schools and ongoing national investment in AI. 'President Vladimir Putin set the goal – Russia should become a world leader not only in creating but also applying AI across all sectors,' he told TASS. 'These students are worthy successors of that tradition.' The victory boosts Russia's total student medal count to 29 across all international competitions so far this year, according to Chernyshenko. Education Minister Sergey Kravtsov also lauded the win, calling it 'an important contribution of education to the future of the economy and digital maturity of the state.' 'I am sure it is these talented kids who will drive science and innovation forward,' he added. The third edition of the IOAI will be held in Abu Dhabi in 2026, hosted by the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI).
Yahoo
08-05-2025
- Business
- Yahoo
Russia promises to invest $1 billion in ally Cuba by 2030
HAVANA (Reuters) - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run Caribbean island amid a gruelling economic crisis. Russia had previously announced the so-called "Plan 2030" with Cuba, but for the first time put a price tag on a range of proposals to invest in key areas including electricity production, agriculture and public lighting. "Under this Plan, Russian companies and businesspeople have expressed their willingness and confirmed their readiness to invest more than $1 billion in the Cuban economy," said Russian Deputy Prime Minister Dmitry Chernyshenko. The statement immediately followed a meeting between Cuban President Miguel Diaz-Canel and Russia's Vladimir Putin at the Kremlin. Punishing sanctions from the United States, collapsing tourism and inefficient state-run production have hamstrung Cuba's economy, leaving it with little room to manoeuvre. Russia, which also faces stiff U.S. sanctions, has over decades provided Cuba with both financing and material goods, including cargoes of oil, infrastructure investments and, most recently, the promise of droves of Russian tourists. But Russia has often delayed and cancelled projects with Cuba in the past, saying the island nation has failed to make good on payments. Chernyshenko said Russia this time would subsidise interest rates for businesses interested in investing in Cuba as part of the plan, calling Cuba a "reliable partner". The timeline for the coming $1 billion in promised investment is unclear. "There's still a lot of hard work to be done, we'll advance little by little,' Chernyshenko told reporters in Moscow, adding that "it is impossible to achieve things immediately, as if by magic'. During his visit to Moscow and St. Petersburg this week, Cuba's Diaz-Canel also attended commemorative events for the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany.

Straits Times
08-05-2025
- Business
- Straits Times
Russia promises to invest $1 billion in ally Cuba by 2030
HAVANA - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run Caribbean island amid a gruelling economic crisis. Russia had previously announced the so-called "Plan 2030" with Cuba, but for the first time put a price tag on a range of proposals to invest in key areas including electricity production, agriculture and public lighting. "Under this Plan, Russian companies and businesspeople have expressed their willingness and confirmed their readiness to invest more than $1 billion in the Cuban economy," said Russian Deputy Prime Minister Dmitry Chernyshenko. The statement immediately followed a meeting between Cuban President Miguel Diaz-Canel and Russia's Vladimir Putin at the Kremlin. Punishing sanctions from the United States, collapsing tourism and inefficient state-run production have hamstrung Cuba's economy, leaving it with little room to manoeuvre. Russia, which also faces stiff U.S. sanctions, has over decades provided Cuba with both financing and material goods, including cargoes of oil, infrastructure investments and, most recently, the promise of droves of Russian tourists. But Russia has often delayed and cancelled projects with Cuba in the past, saying the island nation has failed to make good on payments. Chernyshenko said Russia this time would subsidise interest rates for businesses interested in investing in Cuba as part of the plan, calling Cuba a "reliable partner". The timeline for the coming $1 billion in promised investment is unclear. "There's still a lot of hard work to be done, we'll advance little by little,' Chernyshenko told reporters in Moscow, adding that "it is impossible to achieve things immediately, as if by magic'. During his visit to Moscow and St. Petersburg this week, Cuba's Diaz-Canel also attended commemorative events for the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


Reuters
08-05-2025
- Business
- Reuters
Russia promises to invest $1 billion in ally Cuba by 2030
HAVANA, May 8 (Reuters) - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run Caribbean island amid a gruelling economic crisis. Russia had previously announced the so-called "Plan 2030" with Cuba, but for the first time put a price tag on a range of proposals to invest in key areas including electricity production, agriculture and public lighting. "Under this Plan, Russian companies and businesspeople have expressed their willingness and confirmed their readiness to invest more than $1 billion in the Cuban economy," said Russian Deputy Prime Minister Dmitry Chernyshenko. The statement immediately followed a meeting between Cuban President Miguel Diaz-Canel and Russia's Vladimir Putin at the Kremlin. Punishing sanctions from the United States, collapsing tourism and inefficient state-run production have hamstrung Cuba's economy, leaving it with little room to manoeuvre. Russia, which also faces stiff U.S. sanctions, has over decades provided Cuba with both financing and material goods, including cargoes of oil, infrastructure investments and, most recently, the promise of droves of Russian tourists. But Russia has often delayed and cancelled projects with Cuba in the past, saying the island nation has failed to make good on payments. Chernyshenko said Russia this time would subsidise interest rates for businesses interested in investing in Cuba as part of the plan, calling Cuba a "reliable partner". The timeline for the coming $1 billion in promised investment is unclear. "There's still a lot of hard work to be done, we'll advance little by little,' Chernyshenko told reporters in Moscow, adding that "it is impossible to achieve things immediately, as if by magic'. During his visit to Moscow and St. Petersburg this week, Cuba's Diaz-Canel also attended commemorative events for the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany.


The Star
08-05-2025
- Business
- The Star
Russia promises to invest $1 billion in ally Cuba by 2030
Russia's Deputy Prime Minister Dmitry Chernyshenko attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 4, 2021. REUTERS/Evgenia Novozhenina/File Photo HAVANA (Reuters) - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run Caribbean island amid a gruelling economic crisis. Russia had previously announced the so-called "Plan 2030" with Cuba, but for the first time put a price tag on a range of proposals to invest in key areas including electricity production, agriculture and public lighting. "Under this Plan, Russian companies and businesspeople have expressed their willingness and confirmed their readiness to invest more than $1 billion in the Cuban economy," said Russian Deputy Prime Minister Dmitry Chernyshenko. The statement immediately followed a meeting between Cuban President Miguel Diaz-Canel and Russia's Vladimir Putin at the Kremlin. Punishing sanctions from the United States, collapsing tourism and inefficient state-run production have hamstrung Cuba's economy, leaving it with little room to manoeuvre. Russia, which also faces stiff U.S. sanctions, has over decades provided Cuba with both financing and material goods, including cargoes of oil, infrastructure investments and, most recently, the promise of droves of Russian tourists. But Russia has often delayed and cancelled projects with Cuba in the past, saying the island nation has failed to make good on payments. Chernyshenko said Russia this time would subsidise interest rates for businesses interested in investing in Cuba as part of the plan, calling Cuba a "reliable partner". The timeline for the coming $1 billion in promised investment is unclear. "There's still a lot of hard work to be done, we'll advance little by little,' Chernyshenko told reporters in Moscow, adding that "it is impossible to achieve things immediately, as if by magic'. During his visit to Moscow and St. Petersburg this week, Cuba's Diaz-Canel also attended commemorative events for the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany. (Reporting by Dave Sherwood; Editing by Ewan Harwood)