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The Economic Times
The Economic Times
National

World Bank urges developing nations to seize AI opportunity

The World Bank on Tuesday urged developing countries to embrace artificial intelligence, arguing that adapting small, low-cost AI tools to local needs could significantly improve access to healthcare, education, judicial services and agriculture.

In its World Development Report 2026: The Promise of Artificial Intelligence, released on Tuesday, the multilateral lender said AI could enable developing economies to achieve in a decade what might otherwise take a century, provided governments move quickly to bridge gaps in electricity, internet connectivity, digital skills and institutional capacity.

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