Freedom Holding to Build AI Hub in Kazakhstan

Dow Jones
2025/11/08

By Katherine Hamilton

 

Freedom Holding Corp. reached an agreement with Kazakhstan to develop a $2 billion AI hub in the country.

The financial services and technology company said Friday the hub will be powered by sovereign everscale Nvidia AI infrastructure as part of an initiative to develop Kazakhstan's and Central Asia's AI offerings.

The Ministry of AI and Digital Development will support conditions for hosting and operating AI systems and will lead talent development programs for the hub. Freedom Holding will serve as the principal financing and implementation partner.

The hub is expected to be located at a site with 100 megawatts of available power.

Freedom Holding also published its fiscal second-quarter financial results. Sales fell 10% to $526.1 million.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

November 07, 2025 17:17 ET (22:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10