Cathie Wood Launches El Salvadors AI Education Program with Inaugural Lecture
El Salvador took a significant step toward becoming a global technology hub with the launch of its new university level AI education program called Cubo AI. The initiative began with an inaugural lecture by Cathie Wood, the CEO of Ark Invest and a leading figure in technology investment.
Wood, celebrated for her insights into artificial intelligence and blockchain, addressed the nation’s brightest young minds, setting the stage for a program designed to equip students and professionals with the skills to excel in the rapidly evolving AI landscape. This event marks another milestone in El Salvador’s ongoing efforts to position itself as a leader in technological innovation, following its adoption of Bitcoin.
The Cubo AI program builds on the success of El Salvador’s CUBO+ initiative, which has been training Bitcoin developers for the past three years. That program has already produced notable outcomes, with graduates securing internships at companies like Strike and Bitfinex, or pursuing entrepreneurial ventures in the blockchain space.
Cubo AI aims to replicate this success by offering cutting-edge AI education, featuring lectures from top-tier industry experts. This initiative is unique in its approach, bringing global leaders like Wood to inspire and educate the next generation of innovators. As part of President Nayib Bukele’s broader vision, El Salvador is investing heavily in technology, with policies such as tax exemptions on tech innovations and the development of specialized technology parks to attract foreign investment and create local opportunities.
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Launch Bitcoin GPTEl Salvadors Broader Tech Ambitions
El Salvador’s focus on technology extends beyond education. Under Bukele’s leadership, the country has implemented measures to enhance internet connectivity and establish itself as a regional tech and financial powerhouse. These efforts align with the nation’s goal of fostering a new generation of technology experts who can drive innovation on a global scale.
Cathie Wood’s involvement underscores the international attention El Salvador is garnering for its forward-thinking approach. Despite challenges faced by her Ark Innovation ETF, which underperformed the Nasdaq in 2024 with a return of 8.4% compared to the index’s 30% gain, Wood remains a prominent advocate for emerging technologies. Her recent $27 million investment in AI stock reflects her confidence in the sector’s potential, making her a fitting choice to kick off this transformative program.