Saturday, October 5 2024 18:06
Alina Hovhannisyan

WCIT2024 officially launched with a focus on Artificial Intelligence

WCIT2024 officially launched with a focus on Artificial Intelligence

ArmInfo. The World Congress on Information Technology (WCIT2024) has officially commenced. On  October 5, the Karen Demirchyan SCC brought together top experts in the technology industry, both from around the world and locally, to discuss, share ideas and chart the future of artificial intelligence (AI), discuss its benefits and risks. This year's Congress is held under the slogan <The Power of Thought: AI Beyond Borders and Within  Ethics>.

The grand opening was preceded by a press conference featuring Hayk  Karapetyan, the head of WCIT2024 in Armenia, Hayk Yesayan, the  president of the Union of Advanced Technology Enterprises (UATE) and  a co-organizer of the Congress, Sean Seah, the head of the World  Information Technology and Services Alliance WITSA and Hayk Yesayan,  the CEO of the telecommunications company Team Telecom Armenia.  It  should be noted that the latter acted as a technology partner of  WCIT/DigiTec2024.  During the press conference, Hayk Yesayan,  recalled that WCIT is taking place in Armenia for the second time. He  noted that our country is on track to become a bright spot for the  global IT community.  He emphasized that Team Telecom Armenia, as a  domestic telecommunications company, could not remain on the  sidelines of such a large-scale and important event and had to  provide support for its holding. 

According to Yesayan, the congress will help reveal the untapped  potential of our country, which is more than sufficient, but has not  been fully realized. "I believe that the available potential in  Armenia can make a difference in the international trend," the head  of Team Telecom Armenia emphasized. He also mentioned that the event  will help to understand the direction the world is moving towards,  thus, setting a vector for Armenian companies, creating opportunities  for their development and attracting more potential to the country.

In his opening remarks, the Minister of High-Tech Industry of Armenia  Mkhitar Hayrapetyan stated that Armenia strives to become the most  important regional technological hub and, in the future, to offer the  world new complex technologies and innovative solutions. He drew  attention to the fact that Armenia has long decided to focus its  resources on AI and the development of innovative technologies. 

In his welcoming speech, UATE President Alexander Yesayan reflected  on the successful outcome of WCIT in 2019, which was also hosted in  Armenia. He highlighted that following the Congress, many companies  were able to establish platforms for collaboration and investment. In  this regard, Yesayan expressed hope that the current Congress will  serve as a platform for fostering effective cooperation within  technology sector. Additionally, he noted the dual nature of AI,  acknowledging its positive impact across various areas, while also  emphasizing the importance of ensuring that AI really contributes to  the greater good and guarantees the preservation of existing values.  <Within the scope of the Congress, we will discuss the future of  humanity and technology for future generations and the future of AI,  with great power comes great responsibility>,  he said.

Note that the Congress will be held in Yerevan from October 5 to 7.  The event will include speeches by renowned speakers, including the  author of the international bestseller "How to Raise a Successful  Person" Esther Wojcicki, founder of the ABBYY group of companies  David Yang, co-founder of Picsart Hovhannes Avoyan, technical  director of TELUS Ibrahim Gedeon and others.  Participants will also  enjoy panel discussions, B2B meetings, business and innovation  exhibitions, seminars and other events. One of the important events  will be the WITSA World Cup (WWC). In total, about 2,000 delegates  from more than 80 countries will visit Armenia.  Recall that in  parallel with WCIT2024, DigiTecEXPO2024 is taking place at the  Meridian Exhibition Center, showcasing the potential of the Armenian  IT sector. 

POST A COMMENT
Input digits     


News
Concept paper outlining creation of AI ecosystem global network to be  presented at  WCIT2024Concept paper outlining creation of AI ecosystem global network to be  presented at  WCIT2024
WCIT2024 officially launched with a focus on Artificial IntelligenceWCIT2024 officially launched with a focus on Artificial Intelligence
Ardshinbank started making international money transfers via UBPay systemArdshinbank started making international money transfers via UBPay system
Ameriabank - fintech partner of DigiTec2024Ameriabank - fintech partner of DigiTec2024
AraratBank Expands International Transfer Options with Golden Money SystemAraratBank Expands International Transfer Options with Golden Money System
10% idcoin with IDBank Mastercard cards10% idcoin with IDBank Mastercard cards
Armenia expects participation of French companies in implementation  of nuclear and renewable energy projects - PashinyanArmenia expects participation of French companies in implementation  of nuclear and renewable energy projects - Pashinyan
12.5% y/y increase in state budget revenues of Armenia in Jan-Sep  202412.5% y/y increase in state budget revenues of Armenia in Jan-Sep  2024
DigiTec2024 officially launched, with over 200 companies presenting  their innovative solutionsDigiTec2024 officially launched, with over 200 companies presenting  their innovative solutions
ACE interested in cooperating with Armenia in wine-makingACE interested in cooperating with Armenia in wine-making
Annual inflation in Armenia in September amounted to 0.6%Annual inflation in Armenia in September amounted to 0.6%
Armenian startups will have the opportunity to receive investments  from the foundation of the legendary Argentine footballer Lionel  MessiArmenian startups will have the opportunity to receive investments  from the foundation of the legendary Argentine footballer Lionel  Messi
More and more young people in Armenia dreaming of becoming nuclear  engineers More and more young people in Armenia dreaming of becoming nuclear  engineers 
Armenia improves its position in Global Innovation Index -2024Armenia improves its position in Global Innovation Index -2024
Ameriabank’s Special Offer for New Mastercard Holders.  1% Cashback and Lots of GiftsAmeriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of Gifts
Double-digit growth of import prices observed in Armenia`s foreign  tradeDouble-digit growth of import prices observed in Armenia`s foreign  trade
532.5mln transactions worth a total of AMD 9,782.7bln  effected in  Armenia in Jan-Sept 2024532.5mln transactions worth a total of AMD 9,782.7bln  effected in  Armenia in Jan-Sept 2024
We are conservative in making forecasts - ADB We are conservative in making forecasts - ADB 
Armenia takes over chairmanship of coordinating council of CIS  financial supervision bodies Armenia takes over chairmanship of coordinating council of CIS  financial supervision bodies 
Bakhytjan Sagintayev: Since the formation of the EAEU, the Union`s  foreign trade grown by 60%Bakhytjan Sagintayev: Since the formation of the EAEU, the Union`s  foreign trade grown by 60%
Cryptocurrency actively and uncontrollably cashed in ArmeniaCryptocurrency actively and uncontrollably cashed in Armenia
Armenia`s first regional landfill to be completed in HrazdanArmenia`s first regional landfill to be completed in Hrazdan
Mohammad Reza Aref: Iran is ready to play a more serious role in the  EAEUMohammad Reza Aref: Iran is ready to play a more serious role in the  EAEU
Mishustin: It is important to create single transport space, develop  international logistics corridors and establish appropriate  infrastructureMishustin: It is important to create single transport space, develop  international logistics corridors and establish appropriate  infrastructure
EEC to sign joint action plan with Uzbekistan for 2024-2026EEC to sign joint action plan with Uzbekistan for 2024-2026
RA government proposes granting new functions to Military-Industrial  CommitteeRA government proposes granting new functions to Military-Industrial  Committee
Next year `super-ambitious` for Armenia - expertNext year `super-ambitious` for Armenia - expert
EEC head presents Digital Union concept EEC head presents Digital Union concept 
EDB managing director on bank`s role in improved connectivity of  Eurasian nations EDB managing director on bank`s role in improved connectivity of  Eurasian nations 
Concept of trusted data storage central place in philosophy of  Armenia`s digital transformation - premier Concept of trusted data storage central place in philosophy of  Armenia`s digital transformation - premier 
EEC minister, heads of statistical services discuss cooperation EEC minister, heads of statistical services discuss cooperation 
Armenia-Georgia high-voltage line to be ready for operation in four  years - official Armenia-Georgia high-voltage line to be ready for operation in four  years - official 
Armenia could generate more energy for export - official Armenia could generate more energy for export - official 
Idram Junior and Koreez Summarize the Results of the Junius Financial Education CompetitionIdram Junior and Koreez Summarize the Results of the Junius Financial Education Competition
Vardan Janyan: We entering the second copper-bronze ageVardan Janyan: We entering the second copper-bronze age
Vardan Janyan: Despite its significant contribution to economic  development and tax base, Armenia`s mining industry stagnating since  2014-2015Vardan Janyan: Despite its significant contribution to economic  development and tax base, Armenia`s mining industry stagnating since  2014-2015
ZMMK CEO: Transition metals are new gas and oil for countries like  ArmeniaZMMK CEO: Transition metals are new gas and oil for countries like  Armenia
Armenia`s international reserves decreased by 14.6% annually by  September 2024, falling to $3.605 billionArmenia`s international reserves decreased by 14.6% annually by  September 2024, falling to $3.605 billion
The American Competitiveness Exchange (ACE Armenia) program launched  in ArmeniaThe American Competitiveness Exchange (ACE Armenia) program launched  in Armenia
Armenia`s defense budget to be increased 20% next year Armenia`s defense budget to be increased 20% next year 
Iran eases entry of vehicles from Armenia Iran eases entry of vehicles from Armenia 
90% of mutual trade within EAEU in national currencies - Bakhyt  Sultanov90% of mutual trade within EAEU in national currencies - Bakhyt  Sultanov
EEC hopes for formation of common exchange market by 2030EEC hopes for formation of common exchange market by 2030
7.3% increase in Armenia`s agricultural trade with EAEU member-states 7.3% increase in Armenia`s agricultural trade with EAEU member-states 
EAEU ministers of agriculture to meet in Yerevan EAEU ministers of agriculture to meet in Yerevan 
Armenian-Iranian substation Noravan to be completely equipped next yearArmenian-Iranian substation Noravan to be completely equipped next year
USD, EUR transactions up, RUB ones down in in Armenia`s interbank foreign exchange market Sept 23 to 27USD, EUR transactions up, RUB ones down in in Armenia`s interbank foreign exchange market Sept 23 to 27
Tourism development with support of WB discussed in YerevanTourism development with support of WB discussed in Yerevan
The Komitas Museum-Institute, with the support of the MESCS of the Republic of Armenia and Ardshinbank, opened the exhibition The Komitas Museum-Institute, with the support of the MESCS of the Republic of Armenia and Ardshinbank, opened the exhibition "Paris Meetings".
SRC: as of September 27, balance of preferential import of electric vehicles into the territory  of Armenia is 454 unitsSRC: as of September 27, balance of preferential import of electric vehicles into the territory  of Armenia is 454 units
IMF mission head appreciates Armenian authorities` efforts to reduce  cash turnover of financial resourcesIMF mission head appreciates Armenian authorities` efforts to reduce cash turnover of financial resources
Capital development discussed with Amundi-ACBACapital development discussed with Amundi-ACBA
AMD 17.2bln shadow turnover exposed in three months
700-space parking lot for heavy-duty vehicles to be built at Upper  Lars checkpoint 700-space parking lot for heavy-duty vehicles to be built at Upper Lars checkpoint
Conference Conference "10 years of the EAEU" to be held in Yerevan
Experience comfortable traveling with IDBank premium cardsExperience comfortable traveling with IDBank premium cards
In 2024 and in the medium term, economic growth to be driven  primarily by growth of services sector - Draft budget of the Republic  of Armenia for 2025In 2024 and in the medium term, economic growth to be driven  primarily by growth of services sector - Draft budget of the Republic  of Armenia for 2025
Ameriabank: Partner of the international technology conference EMERGEAmeriabank: Partner of the international technology conference EMERGE
 U.S. Government to increase grant assistance to Armenia by $130  million, to reach $250 million U.S. Government to increase grant assistance to Armenia by $130  million, to reach $250 million
Armenian Airlines launches Yerevan-Volgograd-Yerevan flights Armenian Airlines launches Yerevan-Volgograd-Yerevan flights 
Read more
Exchange rates
04.10.2024
RUB4.070.00
USD386.99-0.06
EUR426.85-0.61
GBP509.551.82
CAD285.54-0.49
JPY26.420.06
CNY55.14-0.01
CHF454.37-0.88