Portugal's Government Set to Launch Its Own ChatGPT by 2025 – Exciting Developments at Web Summit!
Jornal De Negócios8 months ago
1150

Portugal's Government Set to Launch Its Own ChatGPT by 2025 – Exciting Developments at Web Summit!

Technology
ai
websummit
portugal
startups
technology
Share this content:

Summary:

  • Portugal's government plans to launch its own ChatGPT by 2025.

  • Pharrell Williams emphasizes passion over profit during his keynote.

  • Max Tegmark warns against the dangers of concentrated AI power.

  • Lisbon is now home to 14 unicorns, highlighting its tech growth.

  • Twelve transforms CO2 into jet fuel, showcasing innovative solutions.

Highlights from Web Summit 2024

The Web Summit kicked off in Lisbon, showcasing innovation and technology. Here are the key moments from the first day:

Government's Ambitious AI Project

The Portuguese government plans to develop its own Large Language Model (LLM) by 2025, as announced by Prime Minister Luís Montenegro during the event. This AI model aims to assist citizens and students by providing personalized tutoring and easier access to public services.

Startups on Stage

Montenegro also highlighted the presence of Portuguese startups, emphasizing the country's growing tech ecosystem.

Pharrell Williams Inspires

Pharrell Williams, a keynote speaker, shared insights on the American Dream, stating it’s not solely about making money but enjoying what you do. His message resonated with many attendees, reinforcing the importance of passion over profit.

Concerns Over AI Power

Max Tegmark, president of the Future of Life Institute, raised concerns about the concentration of power in AI companies, stressing the need for accountability in AI development.

Innovative Solutions

Etosha Cave, co-founder of Twelve, showcased her startup's technology that transforms CO2 into aviation fuel, likening their process to nature’s way of converting carbon into oxygen.

Lisbon's Unicorns

Mayor Carlos Moedas announced that Lisbon is now home to 14 unicorns (startups valued over €1 billion), a testament to the city’s thriving innovation scene.

The Road Ahead

The Web Summit continues until Thursday, featuring numerous startups and discussions on technology's future. This year marks the highest participation ever, with a significant representation from Brazil and the U.S., and an impressive 44% of startups founded by women.

Stay tuned for more updates as the event unfolds!

Comments

0

Join Our Community

Sign up to share your thoughts, engage with others, and become part of our growing community.

No comments yet

Be the first to share your thoughts and start the conversation!

Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

OR
PortugalToday.news logo

PortugalToday.news

Get PortugalToday.news on your phone!

Other Latest News

Portugal's Water Reserves: High Levels Nationwide Except Algarve Still Battles Drought

Portugal's Water Reserves: High Levels Nationwide Except Algarve Still Battles Drought

23 minutes ago
870
Political Clash in Lisbon: Chega Candidate and Rita Matias' Father Exchange Heated Words Over Mosque Proposal

Political Clash in Lisbon: Chega Candidate and Rita Matias' Father Exchange Heated Words Over Mosque Proposal

5 hours ago
900
Rare Roll Clouds and Freak Showers Stun Portugal Amidst Scorching Heatwave

Rare Roll Clouds and Freak Showers Stun Portugal Amidst Scorching Heatwave

2 hours ago
930
Discover the Algarve's Hidden Paradise: Barra Nova Beach, a Tranquil Escape Even in August

Discover the Algarve's Hidden Paradise: Barra Nova Beach, a Tranquil Escape Even in August

4 hours ago
940
Algarve's CCDR Achieves Stunning 42.3% Energy Savings in 2024 with Solar Power

Algarve's CCDR Achieves Stunning 42.3% Energy Savings in 2024 with Solar Power

3 hours ago
940
Discover Comporta: Portugal's Hidden Gem That's Europe's Answer to the Hamptons

Discover Comporta: Portugal's Hidden Gem That's Europe's Answer to the Hamptons

8 hours ago
870
Don't Miss the Final Edition of Mensagem Ao Vivo: A Celebration of Lisbon's Past and Future

Don't Miss the Final Edition of Mensagem Ao Vivo: A Celebration of Lisbon's Past and Future

11 hours ago
840
Faro Municipality Boosts Animal Welfare with Financial Support to Local Associations

Faro Municipality Boosts Animal Welfare with Financial Support to Local Associations

7 hours ago
980
Lisbon Metro Administration Loses Quorum, Halting Critical Decisions

Lisbon Metro Administration Loses Quorum, Halting Critical Decisions

12 hours ago
1010
Lisbon in Flames: Carris Bus Fire on Berlin Avenue Halts Traffic - No Injuries Reported

Lisbon in Flames: Carris Bus Fire on Berlin Avenue Halts Traffic - No Injuries Reported

15 hours ago
1110
Algarve Boasts a Stellar First Half of 2025, Eyes Even Brighter Future

Algarve Boasts a Stellar First Half of 2025, Eyes Even Brighter Future

13 hours ago
970
Gaia Mayor's Mandate Loss Confirmed by Constitutional Court - A Political Upheaval

Gaia Mayor's Mandate Loss Confirmed by Constitutional Court - A Political Upheaval

14 hours ago
940
Shocking Arrest in Lisbon: Duo Caught Stealing from Local Lodging Tenant

Shocking Arrest in Lisbon: Duo Caught Stealing from Local Lodging Tenant

20 hours ago
1050
Lisbon's Century-Old Building Reborn as a Stunning 3-Star Hotel: The Palmira Story

Lisbon's Century-Old Building Reborn as a Stunning 3-Star Hotel: The Palmira Story

21 hours ago
1030
Firefighters Control 90% of Wildfire Perimeter in Castelo Branco Amid Heatwave

Firefighters Control 90% of Wildfire Perimeter in Castelo Branco Amid Heatwave

19 hours ago
980
Luiz Carvalho's Captivating Exhibition in Lisbon: Reliving the Fall of Dictatorship Through Photography

Luiz Carvalho's Captivating Exhibition in Lisbon: Reliving the Fall of Dictatorship Through Photography

17 hours ago
870
VIDEO: Benfica's Hilarious Airport Exit Drama in Lisbon - A Must-See Moment

VIDEO: Benfica's Hilarious Airport Exit Drama in Lisbon - A Must-See Moment

18 hours ago
980
Lisbon Ranks as the 2nd Most Desired Luxury Destination for 2025

Lisbon Ranks as the 2nd Most Desired Luxury Destination for 2025

1 day ago
970
Heatwave Shatters June Temperature Record in Portugal: 46.6°C Recorded

Heatwave Shatters June Temperature Record in Portugal: 46.6°C Recorded

1 day ago
1000
PSP Officer Hit by Police Van Before Sporting-Benfica Futsal Final in Lisbon

PSP Officer Hit by Police Van Before Sporting-Benfica Futsal Final in Lisbon

1 day ago
840
The Wall of Privilege: How Lagos' Barrier Symbolizes Algarve's Transformation

The Wall of Privilege: How Lagos' Barrier Symbolizes Algarve's Transformation

1 day ago
970
Lisbon Rally Demands Housing Rights: 'Homes for Living, Not for Speculation'

Lisbon Rally Demands Housing Rights: 'Homes for Living, Not for Speculation'

23 hours ago
1050