“A World Without Work:” First-ever AI-translated book published in Russia

December 2, 2020

Three months after The Guardian published an op-ed entirely written by AI, Yandex announces the “first-ever book translated by AI from English into Russian in less than a minute and published for a mainstream audience.” The book is that of Daniel Susskind, a famous English economist, on the coming era of artificial intelligence: A World Without Work: Technology, Automation, …

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Sber displays its leadership ambition in the Russian e-commerce space

December 1, 2020

Sber, Russia’s state-controlled financial and tech giant (previously known as Sberbank), is displaying its ambitions in the field of e-commerce, in spite of several previous unsuccessful attempts. Last week, Sber announced the creation of a dedicated division to run its existing assets in this field. Among these are Sberlogistika and Sbermarket, two services which where …

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Facebook pays $53,000 fine for breaching Russian personal data storage law

December 1, 2020

Facebook has paid a 4 million ruble ($53,000) fine, which was levied in February, for violating Russia’s personal data storage law. Proceedings against the company have been dropped, Russian state-run news agencies reported — without specifying whether or not Facebook now complies with the law. Over the past years the regulator Roskomnadzor requested Facebook and Twitter several …

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Victor Orlovski of Fort Ross Ventures: “The pandemic has brought a lot of opportunities for disruptive startups”

December 3, 2020

Launched seven years ago in Silicon Valley with support from Sberbank, Fort Ross has made its Russian roots an advantage in the eyes of US startups seeking global development opportunities. The venture firm now aims to enlarge its coverage to Europe, with two new funds announced in the past months. Its General Partner Victor Orlovski …

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Sber invests in AI-powered brand reputation management

November 30, 2020

Sber, the state-controlled financial and tech giant (previously known as Sberbank) has acquired a 8% stake in Watchout!AI  in exchange for a acquired 8%. The startup was valued at 125 million rubles, or $1.6 million at the current exchange rate. Founded in 2019, Watchout!AI uses computer vision and machine learning algorithms to “easily detect and prevent brand …

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Moscow government experiments AI in local healthcare system

December 2, 2020

Launched almost a year ago, a Moscow city experiment to use artificial intelligence and computer vision technologies in the local healthcare system has involved more than 20 solution providers offering 38 services. The city authorities intend to involve even more providers, medical organisations and doctors, and develop new AI use cases. The city also aims …

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Sber AI

Sber upgrades ranking of Russian neural networks

November 30, 2020

Sber has presented its leaderboard called Russian SuperGLUE (General Language Understanding Evaluation), the first ranking of neural networks for the Russian language. A neural network’s ranking position depends on how well it deals with tasks in logic, commonsense, reasoning, and general language understanding. Designed by the SberAI team with Huawei and the Higher School of Economics, the …

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Media reports: Online video service ivi.ru starts NASDAQ registration procedure

November 26, 2020

Just days after the triumphant NASDAQ IPO of Ozon, a leading Russian e-commerce company, another Russian digital major, ivi.ru, has started the registration procedure for a US IPO. No IPO-related documents related to Cyprus-registered company ‘ivi.ru Media Ltd’ are available yet on the SEC’s website, but two unnamed sources “close to the company” confirmed, in an …

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Sweeping reform to liquidate Bortnik Fund, Rusnano, RVC and Skolkovo as autonomous organizations

December 8, 2020

According to media reports and official communications, the Russian government adopted a reform of the country’s sprawling network of 40 development institutions, including key players of the innovation ecosystem.  This long-awaited reform aims to eliminate inefficiencies by consolidating like organisations and ensuring that each institution works specifically towards achieving Russia’s national development goals. The reform includes three components: …

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Viral ‘cyberpunk farm’ satirizes Russia’s agritech future

November 25, 2020

The latest viral sensation taking the Russian internet by storm is… a farm.  A fictional, futuristic “cyberpunk” farm, to be more specific. “Russian Cyberpunk Farm,” which imagines life at a provincial Russian village in a future dominated by tech corporations, has racked up more than 3.5 million views since it was published on YouTube last …

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AI, Blockchain, quantum: Online event series to highlight “next-wave technologies” (Dec. 1, 10, 22)

November 25, 2020

GenerationS and Sequence Ventures announce #GENSTechTalks a new series of talks (in English language) to explore the Russian tech landscape with the leading industry experts.  The series is scheduled as follows: December 1: Quantum technologies with Maria Lepskaya of Runa Capital; December 10: Blockchain with Eldar Khamitov of G1 Ventures; December 22: Artificial Intelligence with Alexey Fomin of Botkin.AI. …

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Russian government launches Covid contact-tracing app

November 30, 2020

As announced previously, the Ministry of Digital Development of the Russian Federation has launched an application called ‘Gosuslugi. Covid Tracker’ to track contacts with coronavirus patients all around Russia. Users diagnosed with COVID-19 must independently report this anonymously through the application. In turn, users with whom this person came in close contact in the last …

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