In a move towards technological advancement, the Ministry of Digital Development, Innovation, and Aerospace Industry of the Republic of Kazakhstan, under the leadership of Minister Bagdat Mussin, has inked a Memorandum of Understanding (MoU) with Samruk-Kazyna and the Ministry of Investment of the United Arab Emirates (UAE). The signing took place during a high-profile meeting attended by Nurlan Zhakupov, Chairman of the Board of Samruk-Kazyna, and Mohamed Hassan Alsuwaidi, the UAE Minister of Investment, the Ministry of Digital Development, Innovation, and Aerospace Industry of Kazakhstan reported.
The primary focus of the MoU is to lay the foundation for significant investments in cutting-edge data center projects to be implemented in Kazakhstan. The strategic document aims to foster robust and effective collaboration between the Republic of Kazakhstan and the UAE, promoting joint initiatives in the rapidly evolving fields of data centers and artificial intelligence (AI).
The agreement also outlines plans to introduce incentives to bolster support for related initiatives and to facilitate knowledge sharing between the two nations. This cooperation is expected to pave the way for transformative developments in technology, reinforcing Kazakhstan's position as a hub for innovation and technological advancement.
During his visit to Abu Dhabi, Minister Bagdat Mussin engaged in a productive meeting with Thomas Pramotedham, the Chairman of the Board of Presight AI, a leading artificial intelligence-based big data analytics company. The discussions revolved around exploring new avenues of cooperation in the IT sector, emphasizing the shared commitment to advancing technological frontiers.
Presight AI, part of the G42 Group, is globally recognized for its expertise in artificial intelligence and cloud computing. Born in 2020 during a period of unprecedented challenges, Presight AI has consistently demonstrated its ability to tackle complex issues by harnessing the power of big data and analytics. The company's innovative approach catalyzes information to generate insights that empower diverse sectors to address contemporary challenges and transform them into opportunities for human advancement.
The collaboration between the Ministry of Digital Development and Presight AI holds the promise of driving technological innovation in Kazakhstan. The meeting builds upon the previous participation of Thomas Pramotedham in the Digital Bridge forum, reinforcing the commitment to fostering a thriving ecosystem for technology in the Republic of Kazakhstan.
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