Artificial intelligence used first time in Azerbaijan to predict market share

12:12 - 16.11.2023

November 16, Fineko/ The artificial intelligence has been used for the first time in Azerbaijan to predict the market share.

ABC.AZ reports that Jafar Babayev, deputy head of the State Service for Antimonopoly Regulation & Consumer Market Control, said about this at the II Baku Forum "Sustainable Finance & Investment”.

"For the first time in the history of Azerbaijan's competition structures, last month we explored very important market in 6-month perspective using machine learning. Although we can't test it now, we'll probably find out how to use artificial intelligence in six months," he noted.

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