In a significant move embracing technological inclusivity, BFA Global, Caribou, and MSC have announced the formation of the Alliance for Inclusive AI. This coalition, targeting to benefit 100 million people by 2030, seeks to channel US$100 million into practical AI solutions.

The Alliance aims to address the disparity in technology accessibility, observed between developed and developing nations. Ajay Banga, World Bank President, noted the emerging divide, emphasizing the potential of 'small AI' for productivity at local levels.

With a focus on financial inclusion and sectors like agriculture and climate resilience, this initiative brings together various stakeholders to form foundational AI infrastructure in emerging markets and promote AI solutions that serve underrepresented communiti

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