Establishing a dedicated area for cryptocurrency operations in Kazakhstan
Kazakhstan Ambitions Emerge in Digital Transformation and AI
Astana International Forum recently heard President Kassym-Jomart Tokayev announce Kazakhstan's significant advancements in digital transformation and artificial intelligence (AI), aiming to establish the nation as a dominant player in the IT sector, both within Eurasia and globally.
Kazakhstan's pursuit of digital dominance is marked by substantial investments in infrastructural development and communication technology. The nation has unveiled one of the region's most powerful supercomputers, a testament to its commitment to becoming Eurasia's largest digital hub.
Telecommunications service provider Kazakhtelecom, the national leader, has been expanding its digital footprint, installing over 50,000 surveillance cameras and delving into smart city technologies, healthcare AI, and more. The United Nations and international tech giants, such as Google, have recognized Kazakhstan's increasingly advanced digital landscape.
President Tokayev highlighted Kazakhstan's focus on AI, with ambitions to transform the country into an academic and innovative hub, attracting foreign universities and bolstering research and development partnerships. The sector's success so far can be attributed to concerted government investment and a thriving tech industry, despite potential challenges posed by language barriers in AI tool interaction.
Kazakhstan's future plans hint at the launch of a commercial sovereign AI factory in partnership with NVIDIA, providing a solid backbone for the nation's national AI infrastructure. This move supports a plethora of smart city projects, healthcare services, and other digital initiatives.
While details about a specific project called "CryptoCity" remain scarce, Kazakhstan's broader objectives are clear: To establish itself as a leading force in digital transformation and AI, transcending Central Asia and establishing a strong presence across Eurasia.
In line with Kazakhstan's ambitions to establish itself as a dominant player in the IT sector, significant investments are being made in finance technology, as evidenced by the country's plans to launch a commercial sovereign AI factory in partnership with NVIDIA. This factory will provide a solid backbone for national AI infrastructure, supporting various digital initiatives and smart city projects.
Moreover, the expansion of Kazakhtelecom's digital footprint includes forays into health AI and smart city technologies, demonstrating a commitment to leveraging technology for various sector advancements, including finance.
