AI Law - International Review of Artificial Intelligence Law
G. Giappichelli Editore

18/01/2025 - Serbia Secures Funding for AI and Biotechnology Growth (Serbia)

argument: Notizie/News - Public Law Institutions or Foundations of Public Law

Source: Serbian Monitor

The article from Serbian Monitor reports on a significant government initiative to secure a loan aimed at fostering the development of artificial intelligence and biotechnology sectors in Serbia. The funding will be used to advance research, enhance infrastructure, and promote collaboration between public and private entities.

The article outlines key focus areas, including healthcare innovations, agricultural biotechnology, and AI applications in industry. It also discusses how the investment is expected to stimulate economic growth and position Serbia as a competitive player in the European tech landscape.

The piece highlights the government’s strategy to ensure transparency and accountability in the allocation of funds. It calls for further legislative support to maximize the benefits of this initiative and address potential challenges, such as workforce readiness and ethical concerns.