Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India

Dec 4, 2025 - 16:00
Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India
Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities, including its GigaChat and Kandinsky models, with Indian partners.