Core Insights - Freedom Holding Corp has signed an agreement with Kazakhstan's Ministry of Artificial Intelligence and Digital Development to establish a $2 billion "Sovereign AI Hub" in Kazakhstan, aiming to create one of the largest dedicated AI facilities in the region [1][4] - The project will utilize Nvidia's exascale AI infrastructure and is intended to enhance Kazakhstan's local AI capabilities and attract workloads from Central Asia [1][3] Group 1: Project Details - The hub will be located in Kazakhstan and will have access to 100 megawatts of power, classifying it as a hyperscale data center [2] - Freedom will serve as the principal financing and implementation partner for the project, although specific details regarding the timeline, financing breakdown, and procurement have not been disclosed [3] Group 2: Strategic Importance - The initiative aligns with global trends where governments are seeking to maintain "sovereign" AI capabilities to keep data and model training within national borders while leveraging global technology ecosystems [4] - The establishment of the hub is expected to strengthen Kazakhstan's competitiveness, enhance AI expertise, and support long-term growth in digital industries [5]