Eurasia / Tech
Kazakhstan has emerged as one of world’s fastest-growing technology hubs, says report
Value of country's startup ecosystem soared to $26bn in 2024, up 18-fold since 2019, says Dealroom.co and Astana Hub analysis.
Nokia eyes AI-powered data centre and 5G rollout in Azerbaijan
Nokia launched a 5G pilot project in Baku last year, which is now in its final stages.
Uzbek unicorn Uzum reports net income up by half in 2024
Uzum, Uzbekistan’s first tech unicorn, had a good year in 2024 with net income up by half year on year to $150mn, the company’s head of strategy Nikolai Seleznev told bne IntelliNews.
SOCAR implements AI-driven energy efficiency programmes
SOCAR has launched artificial intelligence-based energy efficiency programmes at its carbamide plant in Absheron as part of a pilot project.
AI consuming more electricity than Kyrgyzstan, conference hears
"Voracious" power appetite of algorithms risks turning humans into "energy slaves", digital forum told.
Armenia introduces first crypto regulation framework to address sector risks
New legislation intended to protect consumers and attract international investors to the sector, says Finance Minister Vahe Hovhannisyan.
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Tajikistan aspires to be an AI development hub
Magical thinking from a parallel universe.
Uzbekistan to acquire ANKA combat drones from Turkey
News comes as US defence contractor CEO urges Elon Musk to help battle Turkish dominance on world UAV market by ending sluggish bureaucracy.
China’s satellite internet provider Spacesail sets up in Kazakhstan
"Mega-constellation" company emerging as potential rival to Elon Musk's Starlink.
Uzbekistan privatises HUMO, Paynet succeeds with $65mn bid
National Interbank Processing Centre sold to highest bidder.
NEO: Why pick-up points for online orders are gaining popularity vs. home delivery
The share of European consumers preferring home delivery for online orders dropped from 73% to 64% over the past year, according to a Last Mile Experts study.