Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India

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Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities, including its GigaChat and Kandinsky models, with Indian partners.

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