The 8th edition of the ‘Portugal Economic Forum,’ attended by the Secretary of State for Digitalization, Bernardo Correia, was divided into two panels: ‘Founders and Funders,’ focusing on ways to build and expand Portuguese AI; and ‘Portugal’s AI in the Global Scenario,’ which addressed competition and collaboration in the sector.
In the two panels, entrepreneurs, investors, and sector specialists discussed Portugal’s potential, examining how Portuguese AI startups are being built and attracting global investments, the role of Portuguese talent in innovation within the world’s most powerful tech and financial firms, and Portugal’s importance in the international AI ecosystem.
“What we want is to position Portugal as an investment hub for Artificial Intelligence, and we believe we have a country with talent, connectivity, renewable energy, acceptable costs,” outlined the Secretary of State for Digitalization in New York.
“With our movement to reduce bureaucracy and the fact that Minister [Adjunct and State Reform] Gonçalo Matias has declared war on bureaucracy, we also hope to create a more favorable environment for investments,” indicated Bernardo Correia on the event’s sidelines.
The Secretary of State expressed a desire to position Portugal as a gateway for American AI investments in Europe.
“Portugal is a fantastic product in terms of investment. For investors, Portugal is a very interesting destination. And that’s the story we’ll tell here,” he explained.
