Freedom Holding has signed agreements in Washington with US-based OpenAI, which developed ChatGPT, and the world's largest chipmaker Nvidia, founder Timur Turlov told Tg-channel.
Shares of Freedom Holding rose about 1% in New York on this news on the evening of November 7, despite a strong sell-off in the stock market. At the same time, the S&P index was down 1% and the Nasdaq Composite was down 1.8%.
Details of the agreements
In partnership with Nvidia, Freedom Holding will build a 100 MW sovereign artificial intelligence center in Kazakhstan. The agreement involves supplying Kazakhstan with $2 bln worth of chips, GuruGocus writes.
"The goal is to give AI companies sufficient infrastructure to develop right here in Central Asia," Turlov wrote, "Now we will be able to build ambitious digital projects in partnership with the U.S.
As part of the agreement with OpenAI, 165,000 teachers in Kazakhstan will have access to ChatGPT Edu, an enhanced educational version of ChatGPT designed with enhanced privacy and data protection measures, Freedom Holding said in a press release.
"CHATGRT Edu is an educational version of the chat room with special features for teachers. It can analyze big data, it can create its own AI assistants, and it has enhanced privacy. This project will simplify the work of teachers, saving them from routine functions such as endless filling out reports," Turlov wrote.
Freedom Holding will fund the initiative, and OpenAI will provide the ChatGPT Edu platform and localized support in Kazakh and Russian languages, the press release said. The government of Kazakhstan will coordinate the implementation of the initiative by government agencies and educational institutions. As a result of the project, Kazakhstan will become one of the first countries in the world to implement ChatGPT Edu on a national scale, Freedom Holding said.
This article was AI-translated and verified by a human editor
