El Salvador Takes Major Step Toward Becoming a Tech Hub with CUBO AI Program
El Salvador is advancing its position as a regional technology and digital finance leader with the launch of its CUBO AI program. This initiative, spearheaded by the government, will provide university-level AI courses to students and professionals, building on the country's success with its CUBO Bitcoin and Lightning Network developer program. The program aims to equip participants with cutting-edge AI skills, leveraging industry experts to deliver top-tier education.
Notable figures like Cathie Wood, founder of Ark Invest, will deliver the inaugural lecture for the CUBO AI program. Her involvement underscores the international appeal of El Salvador's tech-focused initiatives. The country’s Bitcoin Office has highlighted how this program can empower students and professionals to thrive in the AI sector, reinforcing El Salvador’s growing influence in the global tech landscape.
This effort is part of a broader strategy to attract crypto businesses and foreign investment, establishing El Salvador as a leader in digital finance and technology across Central America.
In May 2024, Cathie Wood met with President Nayib Bukele to discuss the future of digital assets and AI policy in El Salvador. Wood expressed optimism, suggesting the country’s GDP could increase tenfold over the next five years if it continues on its current tech-driven path. Elon Musk also praised Bukele's leadership after a meeting in September 2024, highlighting the potential for collaboration between Musk’s ventures and the Salvadoran government.
These steps demonstrate El Salvador's ongoing commitment to integrating emerging technologies into its economic framework, positioning itself for future growth and innovation.