Kazakhstan Invests in AI

Kazakhstan is diverting national wealth into artificial intelligence infrastructure, joining other countries investing heavily in the sector. The National Investment Corporation (NIC), a division of Kazakhstan's central bank managing part of the country's $60 billion oil fund, views AI architecture, including data centres, as a way to achieve stronger returns. The NIC, which manages $3.4 billion, plans to allocate capital into infrastructure funds that incorporate AI facilities.

Kazakhstan's AI push includes Kazakhtelecom partnering with Nvidia to develop local AI infrastructure. The government is investing in AI education, cybersecurity, and industrial automation. These initiatives require significant computing power, potentially met by nuclear energy. The country aims to train one million AI specialists and has attracted over $250 million in venture capital for AI innovation.

Singaporean firm GK Hyperscale Ltd will participate in constructing two data processing centres in Kazakhstan with a combined capacity of 200 megawatts. The project will bring $1.5 billion in foreign direct investment to build Tier 3-compliant data centres. An additional $1.2 billion will be invested in acquiring and upgrading a power plant and constructing a wind farm and energy storage system to ensure a stable power supply.