El Salvador promotes AI education with the participation of Cathie Wood

Cathie Wood, the founder of the investment firm Ark Invest, will be the keynote speaker for the (AI) artificial intelligence program of Urban Centers for Welfare and Opportunities (CUBO)—a public education initiative launched by the government of El Salvador.

According to the Bitcoin Office of El Salvador, this program will provide AI courses at the university level for students and professionals, following the success of the previous Bitcoin and Lightning Network developer training program.

CUBO AI will collaborate with industry experts to provide AI knowledge to the public. In a post on platform X on March 23, the Bitcoin Office of El Salvador announced:

"As El Salvador accelerates towards becoming a leading technology and financial hub in the region, CUBO AI will equip students and professionals with the necessary tools to master the field of AI."

El Salvador continues to attract cryptocurrency businesses and foreign direct investment as this Central American country strengthens its position as a technology and digital finance hub in the region.

Cathie Wood on the left in the photo, with President of El Salvador Nayib Bukele in the middle, and economist Art Laffer on the right, meeting in May 2024 | Source: The Bitcoin Office of El Salvador## El Salvador emerges as a regional technology hub thanks to education and investment

El Salvador has taken significant steps to become a regional innovation hub, including integrating Bitcoin into public education, mining BTC using geothermal energy, and enacting policies that support cryptocurrencies and AI.

In May 2024, Cathie Wood met with El Salvador's President Nayib Bukele to discuss the future of digital assets and AI policy, including potential educational initiatives designed by Ark Invest.

After the meeting, Wood expressed optimism that El Salvador could increase its gross domestic product (GDP) by 10 times in the next 5 years if it continues to pursue its technology strategy.

"The president could increase El Salvador's GDP tenfold in the next 5-year term," Wood wrote on platform X in May 2024, while praising Bukele as a forward-thinking leader.

Bukele also met with Elon Musk in September 2024 to discuss artificial intelligence and other 21st-century technologies, including cryptocurrency.

Musk also praised Bukele, calling him "an outstanding leader," opening up the possibility of cooperation between this entrepreneur and the government of El Salvador in the future.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do thorough research before making decisions. We are not responsible for your investment decisions.

  • IMF agreement prohibits the public sector in El Salvador from 'accumulating Bitcoin'
  • The President of El Salvador rejects the IMF's request, affirming the continued purchase of Bitcoin.
  • El Salvador has purchased over 13 BTC since March 1, despite pressure from the IMF.
  • Cathie Wood is concerned about an economic downturn due to Trump's tax policies.

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