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Russian company BitRiver to build data centers in BRICS

Russian company BitRiver to build data centers in BRICS

HappyCoinNewsHappyCoinNews2024/10/23 06:51
By:HappyCoinNews

At the BRICS Business Forum held in Moscow, the CEO of the Russian company BitRiver Igor Runets сообщил on the creation of new data processing centers in countries that are part of the BRICS economic bloc.

According to him, a partnership agreement has been concluded with the Russian Direct Investment Fund (RDIF) on the implementation of projects to introduce artificial intelligence (AI) technology and strengthen Russia's role in the global computing power market.

According to the Russian Direct Investment Fund and BitRiver, there is currently a huge demand for data centers in the world, and Russia can become a leading player by offering companies its unique developments and technologies.

In turn, RDIF CEO Kirill Dmitriev noted that the development of computing power for the implementation of artificial intelligence is a priority for the state and its partners in the BRICS bloc.

According to preliminary estimates by the Russian Direct Investment Fund and BitRiver, the potential growth of the bloc’s countries’ GDP due to the introduction of artificial intelligence technologies will reach €340 billion per year.

It should be noted that the demand for data centers around the world is indeed growing, especially among mining companies engaged in the extraction of digital assets. Apparently, BitRiver is trying to take a leading position not only in Russia, but also in BRICS, if it plans to build data centers for these countries.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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