Russia's largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, ...

Sanctions and the war are taking a toll on Russia’s IT sector. In mid-December, The Bell reported widespread layoffs across ...

The Moscow Times, citing CNews, reported that the bank is focusing layoffs on programmers and developers. At Kooper, 20% of ...

The Kremlin is facing a growing economic crisis, with interest rates surging to a record high of 21%. Officials have not ...

President Vladimir Putin has ordered Russia's government and the country's biggest bank, Sberbank , to build cooperation with China in artificial intelligence.

Many Russian firms are now struggling to pay back loans and could face bankruptcy, including those in the energy and banking ...

Sberbank has launched a large-scale campaign to reduce staff in its subsidiaries: Kuper, MegaMarket, SberLogistics and ...

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...

As the new year began, Russian President Vladimir Putin ordered the country's state-owned Sberbank, to work with China in researching and developing AI technology, according to the Kremlin.

The Russian leader has ordered his government and Russian banking giant Sberbank to work with China on artificial intelligence, according to a December 30 post on the Kremlin's website.

Russia has been working on boosting the use of biometric technology across sectors with the help of the Unified Biometric System.

Russian President Vladimir Putin has ordered the government and Sberbank, Moscow's largest state-owned bank, to collaborate with China on developing AI technology in what is likely an effort to ...