PM announces USD1bn investment in AI by 2030

Pakistan on Monday formally unveiled a $1 billion national investment plan for artificial intelligence and adopted the landmark Islamabad Declaration on Sovereign AI as the Indus AI Summit 2026 concluded at the Jinnah Convention Centre, marking a decisive shift from AI policy planning to implementation. The summit, organised by the Ministry of Information Technology and Telecommunication as the anchor event of Indus AI Week (February 9–15), was attended by Prime Minister Muhammad Shehbaz Sharif as chief guest, alongside Federal Minister for IT and Telecom Shaza Fatima Khawaja, senior federal ministers, international experts, and global technology leaders.