Freedom Holding will serve as the primary financing and implementation partner. The AI hub will be established at a site in Kazakhstan offering 100 MW of available capacity, enabling large-scale data processing and advanced AI training.
According to Zhaslan Madiyev, Deputy Prime Minister and Minister of AI and Digital Development, the collaboration marks a milestone in the nation’s digital transformation.
“Working with NVIDIA is an important step in implementing Kazakhstan’s national AI strategy. We are building the foundation of a sovereign AI ecosystem that will strengthen our economy, enhance competitiveness, and unlock new opportunities for the entire region,” Madiyev said.
The Ministry will play a key role in supporting the initiative by creating favorable conditions for the deployment and operation of AI infrastructure. This includes establishing an AI Academy and a research laboratory to train future engineers and analysts.
Timur Turlov, CEO of Freedom Holding, described the project as a transformative step for Central Asia.
“We are excited to be part of this transformative initiative to strengthen Kazakhstan’s position in the global AI landscape. By combining our expertise with NVIDIA’s advanced technologies and the visionary support of the Ministry, we aim to build a robust foundation for AI innovation and drive long-term growth throughout the entire Central Asian region,” Turlov said.
Freedom Holding noted that the project reflects a shared commitment to advancing the regional AI ecosystem, promoting innovation, and preparing a skilled workforce for the future.
Headquartered in New York City, Freedom Holding provides financial services across 21 countries, including the United States, Kazakhstan, Poland, Spain, and Uzbekistan. In Kazakhstan, the company operates an expanding digital and financial ecosystem featuring Freedom Bank, Freedom Broker, Freedom Life, Freedom Insurance, and digital platforms such as Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding is regulated by the U.S. Securities and Exchange Commission (SEC) and listed on the Russell 3000 Index.
Source: https://caspiannews.com/news-detail/kazakhstan-plans-2-billion-ai-center-in-partnership-with-nvidia-freedom-holding-2025-11-10-30/
