In Kazakhstan, an Artificial Intelligence Fund has been established with the participation of global experts.

An Artificial Intelligence Fund has been established in Kazakhstan, Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiev announced at an expanded government meeting. The fund will be replenished with funds from the National Bank and will become a key tool for supporting digital projects and educational initiatives in the country.

According to Madiev, the funding mechanism for the fund is being developed, and its priority tasks will include implementing large-scale digital projects and developing artificial intelligence in state and quasi-state structures. In March, a joint venture with the company 01.AI is planned, which will become the operator of the National Artificial Intelligence Platform. Based on it, AI agents will be developed to optimize management processes.

Zhaslan Madiev, Minister of Artificial Intelligence and Digital Development
This approach will give Kazakhstan access to advanced technologies and allow for a significant increase in the efficiency and speed of management decision-making.

He also noted that world leaders in digitalization invest 4-6% of GDP in AI development over three years. The return on such investments has a multiplier of 5 to 1, ensuring an increase in GDP by up to 1.5 percentage points annually.

Source: zakon.kz