The Central Bank of the Republic of Uzbekistan has moved from the AI Challenge (Gov Challenge: AI Connect) hackathon stage to converting selected ideas into operational projects, and signed memorandums of cooperation with the startups Global Move and Balcom Soft. The initiative is framed as support for banking sector digitalisation, automation of internal processes, and improved customer service, and is being implemented in accordance with Presidential Decree No. UP-189. The first selected solution focuses on developing and integrating a national Uzbek-language Speech-to-Text model designed to accurately recognise different dialects and banking terminology.
Central Bank of the Republic of Uzbekistan 2026-02-13
Central Bank of the Republic of Uzbekistan begins implementing AI Challenge projects and signs cooperation memorandums with Global Move and Balcom Soft
The Central Bank of the Republic of Uzbekistan is transitioning from the AI Challenge hackathon to operational projects, signing cooperation memorandums with startups Global Move and Balcom Soft to support banking sector digitalisation and automation, in line with Presidential Decree No. UP-189. The initial project involves developing a national Uzbek-language Speech-to-Text model to enhance dialect and banking terminology recognition.