Portugal must catch up in AI race, warns development bank chief

Gonçalo Regalado, CEO of a Portuguese development bank, has warned that Portugal must act quickly to catch up in the artificial intelligence race. Speaking on the matter, Regalado emphasized the need for the country to leverage its existing energy resources and digital infrastructure.

According to the development bank chief, capitalizing on these assets is essential for attracting foreign investment in artificial intelligence. Furthermore, these efforts are intended to assist Portuguese businesses in successfully expanding their operations into international markets.