Headline: Freedom Holding to Build $2B Sovereign AI Hub in Kazakhstan
Kazakhstan is moving to the forefront of artificial intelligence in Central Asia with a new $2 billion Sovereign AI Hub, to be developed and operated by Freedom Holding Corp. (NASDAQ: FRHC). The initiative, undertaken in partnership with the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, will be powered by sovereign exascale NVIDIA AI infrastructure to accelerate national and regional AI capabilities.
Under the agreement, the Ministry will create an enabling environment for large-scale AI deployment, including regulatory support and workforce development programs. The hub is planned for a site in Kazakhstan with 100 MW of available power, providing the high-performance computing capacity needed for advanced AI workloads. Freedom Holding Corp. will act as the principal financier and implementation partner, aligning the project with Kazakhstan’s broader national AI strategy and digital transformation agenda.
The Sovereign AI Hub aims to strengthen data sovereignty, build local expertise, and attract investment across industries seeking AI-driven innovation. Freedom Holding Corp., a technology-focused financial services group active in 21 countries, is expanding its role in the region through this project. The company operates an ecosystem in Kazakhstan that includes Freedom Bank, Freedom Broker, Freedom Life, Freedom Insurance, and lifestyle platforms such as Arbuz.kz, Freedom Ticketon, and Aviata. FRHC shares trade on NASDAQ, KASE, and AIX, and the company is regulated by the U.S. SEC and included in the Russell 3000 Index.
Key Points: – Freedom Holding Corp. to develop a $2 billion Sovereign AI Hub in Kazakhstan. – Project backed by the Ministry of Artificial Intelligence and Digital Development. – Hub to run on sovereign exascale NVIDIA AI infrastructure for high-performance computing. – Planned location features 100 MW of available power for large-scale AI workloads. – Freedom Holding serves as principal financing and implementation partner. – FRHC operates in 21 countries and is listed on NASDAQ, KASE, and AIX under ticker FRHC.
