Central Asia fintech news
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Freedom Holding and Citi to Build an AI Supercluster in Kazakhstan
The Ministry of AI, Freedom Holding Corp., and Citi have signed a memorandum to create a large-scale data center for neural networks. The first phase of the project will launch in 2027.
Kazakhstan and China's 01.AI Create Q.AI Joint Venture to Develop Local Neural Networks
The joint company will focus on AI agents for business and the public sector. For banks, it is a chance to implement heavy algorithms without violating bank secrecy.
Namangan to Build AI-Focused IT Park: What Regional Infrastructure Means for Uzbekistan's Fintech
The President of Uzbekistan laid the foundation stone for a new complex and visited an artificial intelligence laboratory. For banks and payment services, this signals an expansion of the developer pool beyond the capital.
The Government of Kazakhstan, NVIDIA, and Firebird to Invest $10 Billion in AI: How New Capacities Will Change Fintech
A public-private partnership launches the construction of mega data centers in Ekibastuz. Access to 100,000 GPUs will open new opportunities for banks to train neural networks.
ANORBANK and Startup Redeem Launch AI Platform for Corporate Payments
The Uzbek bank is integrating a solution from a Tashkent-based startup to automate business payments for fuel and services. The system replaces plastic cards and manual invoicing.
Halyk Bank Prepares to Launch AI Assistant, Crypto Card, and Islamic Products
Kazakhstan’s largest bank is changing its retail business metrics, shifting focus to daily app audience and ecosystem usage frequency.
Uzpromstroybank establishes a dedicated department for neural networks
SQB has announced a search for the head of its AI division. The role will involve managing MLOps infrastructure, generative models, and AI Governance.
Click Integrates AI into Operational Processes to Accelerate Platform Performance
The Uzbek payment service has integrated artificial intelligence into its business processes.
Uzbekistan to Launch AI-Scoring Business Credit Marketplace
The platform will consolidate offers from various banks. By December 2026, the system will begin assessing borrowers without credit histories using alternative data.
KEGOC Implements AI for Monitoring and Forecasting in Kazakhstan's Power Grid: Economic Effect Exceeds 16.6 Billion Tenge
The national electricity grid operator has applied artificial intelligence to automate oversight, already generating billions of tenge in economic impact.
Kazakhstan tests SKAI-Contract AI module in energy sector procurement
An electronic procurement platform has been launched as part of the national project to modernize housing, communal services, and energy. The Ministry of Industry and Construction is currently testing an algorithm designed to handle routine document work and the knowledge base.
Kazakhstanis Are Ready to Buy via Neural Networks: What the Yandex Ads Study Means for Fintech
60% of users state they are ready to make purchases using AI assistants. A quarter of Yandex Search queries in the country are already processed by neural networks.