Russian President Vladimir Putin warned today that the West should not be allowed to monopolize artificial intelligence and stated that his country will soon adopt a more ambitious strategy for its development. In his speech at an AI conference in Moscow alongside the CEO of Sberbank, German Gref, Putin affirmed that attempting to ban AI is "impossible" and cautioned against the dangers of allowing Western platforms to monopolize AI technology, calling it "unacceptable." He added, "I will sign, very soon, and as one of the first steps, a presidential decree and I will adopt a new version of the national strategy for the development of artificial intelligence." Putin noted that the new strategy will bring significant changes, including "expanding fundamental and applied research in the field of innovative artificial intelligence and large language models." He mentioned that Russia needs to implement legislative and investment changes to stimulate AI development.