Freedom Holding Corp. is building a $2 billion artificial intelligence hub in Kazakhstan under an agreement signed in November 2025 with the country's Ministry of Artificial Intelligence and Digital Development. The site is planned with 100 megawatts of power, and the company says demand already doubles the first stage's capacity.
Freedom Holding Corp. is building a $2 billion artificial intelligence hub in Kazakhstan, and the company says demand has already outpaced the first stage of the project.
The Nasdaq-listed group said in a statement Monday that it is developing the hub under an agreement signed in November 2025 with Kazakhstan's Ministry of Artificial Intelligence and Digital Development. The site is planned with 100 megawatts of available power. Freedom is the main financing and delivery partner and will run the facility.
The hub is meant for AI model training, large-scale data processing and AI services for businesses and government. Timur Turlov, Freedom's chief executive, said demand stands at twice the planned capacity of the first stage. Major prospective clients have told the company they are willing to lease future capacity for five years.
When will Freedom Holding's AI cloud open to businesses?
Freedom plans to open its first GPU cluster to businesses and developers as a public cloud in 2027. A separate product, the Freedom AI Super Cluster, is aimed at government, business and science users. Its first phase is due to start in the first quarter of 2027.
The company is also building a new Freedom Cloud data center near Almaty. Freedom Cloud already serves more than 3,400 business and public-sector clients. The wider group runs banking, brokerage, insurance and telecom businesses, along with ticketing, travel, e-commerce and food delivery services.
Who did Freedom Holding's CEO meet about its AI plans?
Turlov met Nvidia founder and CEO Jensen Huang in Astana on Oct. 23, during Huang's first visit to Kazakhstan. Turlov presented Freedom's technology businesses and its AI plans, the company said. The statement did not name a chip supplier for the hub.
Turlov argued that Kazakhstan has built a strong pool of talent that already creates technology in e-commerce and finance. Combined with domestic AI infrastructure, he said, that talent is becoming one of the country's main advantages.
Other governments are pursuing similar goals. Nvidia and Palantir began selling a sovereign AI stack in September. Bloomberg reported that Malaysia has weighed Huawei chips for its own push. In Europe, research has warned that sovereign AI plans could stall because of data center limits.
Este artigo foi escrito com a assistência de IA.
News Factory APP - notícias agênticas para impulsionar seu SEO e AEO.