Freedom Holding Corp. announced a $2 billion sovereign AI hub in Kazakhstan, set to open its first public GPU cloud in 2027. CEO Timur Turlov met Nvidia's Jensen Huang in Astana, revealing demand already doubles the planned capacity. The 100MW facility will support AI model training and large-scale data processing for government and business clients.

Freedom Holding Commits $2 Billion to Kazakhstan AI Infrastructure

Freedom Holding Corp., a Nasdaq-listed financial services group, is developing a $2 billion sovereign AI hub in Kazakhstan under an agreement signed in November 2025 with the country's Ministry of Artificial Intelligence and Digital Development

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. The company will serve as the principal financing and implementation partner for the project, which features a site with 100MW power capacity designed to support AI model training, large-scale data processing, and AI service development for business and government use

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Demand Exceeds Capacity Before Launch

Timur Turlov, Freedom Holding's chief executive, revealed that demand already stands at twice the planned capacity of the Kazakhstan AI hub's first stage

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. Major prospective clients have expressed willingness to lease future capacity for five-year terms, signaling strong market confidence in the project

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. This early demand surge suggests the facility could expand beyond its initial scope to meet regional AI infrastructure needs.

Public GPU Cloud and Super Cluster Timeline

Freedom Holding plans to open its first public GPU cloud to businesses and developers in 2027, providing access to computing capacity for AI workloads

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. Separately, the Freedom AI Super Cluster, designed to serve government, business, and science sectors, is scheduled to begin its first phase in the first quarter of 2027

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. A new Freedom Cloud data center is currently under construction near Almaty to support these initiatives

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. Freedom Cloud already serves more than 3,400 business and public-sector clients across Kazakhstan

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Strategic Meeting with Nvidia Leadership

On October 23, Turlov met with Jensen Huang, founder and CEO of Nvidia, in Astana during Huang's first visit to Kazakhstan

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. During the meeting, Turlov presented Freedom's technology ecosystem and AI infrastructure plans

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. While the company's statement does not name a chip supplier for the hub, the high-level meeting signals potential collaboration as Kazakhstan positions itself in the sovereign AI race

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Source: The Next Web

Source: The Next Web

Kazakhstan's Push for Technological Sovereignty

Turlov emphasized that Kazakhstan has built a strong AI talent pool that already creates technology in e-commerce and finance

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. Combined with domestic AI infrastructure, he said this is becoming one of the country's main competitive advantages

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. The push mirrors global trends, as Nvidia and Palantir began selling a sovereign AI stack in September, while Malaysia has weighed Huawei chips for its own initiative

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. Freedom Holding's broader business operations span banking, brokerage, insurance, telecommunications, ticketing, travel, e-commerce, and food delivery services

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, providing a diverse foundation for its AI ambitions.

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